Single-Tenant Office
For Sale
Contact for pricing
1848 State Route 59, Kent, OH 44240
Single-tenant office building is 100% occupied by Spectrum with 6+ years remaining on its historical occupancy.
Property SizeContact for details
Days on Market122
Property Features for 1848 State Route 59
General Information
Standard status
Active
Property subtype
Office
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
Northmarq
Listed By:
Sean Mack · License #OR 990100161
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 1:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq
Investment Insights
Based on property information with market context.
The offering is a single-tenant office building that is 100% occupied by Spectrum. Spectrum is described as a national credit tenant (S&P: BB+) with a 20-year historical occupancy and six-plus years remaining.
The property is positioned within the trade area among a mix of office, health care, and retail. The remarks also note Kent State University, with enrollment of 40,782, where Spectrum is identified as the primary provider.
The property is positioned within the trade area among a mix of office, health care, and retail. The remarks also note Kent State University, with enrollment of 40,782, where Spectrum is identified as the primary provider.
Key Highlights
- Single‑tenant office building 100% occupied by Spectrum
- Spectrum is a national credit tenant (S&P: BB+) with a 20‑year historical occupancy
- 6+ years remaining on Spectrum’s historical occupancy term
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Explore this area
Business Placement
Demographics for 44240, OH
38,354
Population
20,228
Households
1.9
Avg Household Size
32
Median Age
44%
College-Educated
96%
High-School Grad
39.7 sq mi
ZIP Area
966
Density / Sq Mi
$57,415
Median Household Income
$31,613
Median Earnings
$989
Median Rent
$216,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Single-tenant office building is 100% occupied by Spectrum with 6+ years remaining on its historical occupancy.
Where is this office building located?
The property is located at 1848 State Route 59 Kent, OH.
What are key features of this property?
This property features: Single‑tenant office building 100% occupied by Spectrum; Spectrum is a national credit tenant (S&P: BB+) with a 20‑year historical occupancy; 6+ years remaining on Spectrum’s historical occupancy term
