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87 Conservatory Dr Barberton, OH 44203

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For Sale
$875,000

Fully leased office building with long-term tenant in place.

Property size:
5,488 SF

Property Features for 87 Conservatory Dr

General Information

Standard status
Active
Size
5,488 SF

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Listing Contact
David Comernisky
Source: Cbre

Listing Agent: David Comernisky

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

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Overview

Barberton Office Building For Sale

This commercial property, constructed in 2001, is situated on a 0.13-acre lot and features 5,488 square feet of office space. It is currently fully leased to Pinnacle Treatment Centers OH-III, LLC, with the current lease term ending in June 2032 and one 5-year renewal option available. The lease is structured as NNN, including ground lease payments, at a rate of $18.64 per square foot per year, resulting in an annual rent of $102,312. The property includes 35 parking spaces.
Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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

FAQs

What type of property is this?
Office building - Fully leased office building with long-term tenant in place.
Where is this office building 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 (including ground lease payment)
More about this property
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