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87 Conservatory Dr Barberton, OH 44203

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For Sale
$875,000

Fully leased medical office building with long-term tenant.

Property size:
5,488 SF
Lot size:
0.12 Acres

Property Features for 87 Conservatory Dr

General Information

Size
5,488 SF
Lot size
0.12 Acres

Source: CBRE | Akron Agent David Comernisky

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Barberton Medical Office Investment Opportunity

The property is fully leased to Pinnacle Treatment Centers OH-III, LLC. The lease rate is $18.64 per square foot per year on a NNN basis, generating an annual rent of $102,312. The capitalization rate is 11.69%. The current lease term ends in June 2032, with one 5-year renewal option. The lease is NNN, including ground lease payment. The property contains 5,488 square feet and is located in Barberton, OH.
Insight Report Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

APC Veterinary Clinic

Location Insight

  • Map
  • Local Demand
City
Barberton
County
Summit
State
Ohio
Longitude
-81.5903696
Latitude
41.0094852

FAQs

What type of property is this?
Medical office - Fully leased medical office building with long-term tenant.
Where is this medical office located?
The property is located at 87 Conservatory Dr Barberton, OH.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: - High Cap Rate: 11.69%; - Fully Leased to Pinnacle Treatment Centers OH-III, LLC; - NNN Lease Structure (including ground lease payment)
More about this property
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