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Flex Warehouse with Office
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1566 Akron Peninsula Rd, Akron, OH 44313

Flex warehouse offering 4,000 SF of warehouse and 1,500 SF of office space with 12' clear ceiling height.

Space Size5,500 SF
Days on Market1205

Property Features for 1566 Akron Peninsula Rd

General Information

Standard status Active
Size 5,500 SF
Property subtype INDUSTRIAL
Lease Type NNN

Site & Location

Neighborhood Northwest Akron

Additional Details

Clear Height 12 ft
Office Units 1,500

Spaces For Lease

at 1566 Akron Peninsula Rd
1566 Akron Peninsula Rd $4.50/SF/Yr
Floor 1
Size 5,500 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- The Subject Property is a 47,040 SF building in Akron. The property includes 4,000 SF of warehouse space and 1,500 SF of office space. The building is located in the Merriman Valley close to Portage Trail Extension. The ceiling height is 12' clear and the highest and best use for the space is storage. The previous tenant was utilizing the space to store furniture and the wide open floorplan allows for different options
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Listing Agency: SVN Summit Commercial Real Estate Advisors
Listed By: Graydon Fox · License #SAL2019006700
Source: Moodyscre
Added: Jul 11, 2023 Changed: Oct 26 Last Checked: Oct 26 at 2:29PM

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 SVN Summit Commercial Real Estate Advisors

Rey
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Investment Insights

Based on property information with market context.

The subject property is a 47,040 SF building that includes 4,000 SF of warehouse space and 1,500 SF of office space. The ceiling height is 12' clear, and the space is well suited for storage, with a wide open warehouse floorplan that allows for different uses based on storage and layout needs. The previous tenant used the space to store furniture.

The building is located in the Merriman Valley area of Akron and is close to Portage Trail Extension, providing convenient access to the surrounding road network.

For operators looking for straightforward storage-focused space with accompanying office area, the existing configuration combines functional warehouse volume with dedicated office space within the same building.

Key Highlights

  • 47,040 SF building in Akron with 4,000 SF of warehouse space and 1,500 SF of office space
  • 12' clear ceiling height with a highest‑and‑best use of storage
  • Merriman Valley location close to Portage Trail Extension

Property Analytics

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Current Use

LINCARE LONG TERM ... Home Health Care Service The Blick Center-Community Living Charitable Organization Old Portage Heliport Heliport America's Best Medical ... Corporate Office LEAD Academy Sports ... Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
1500
Office units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44313, OH

25,678
Population
14,054
Households
1.8
Avg Household Size
41
Median Age
50%
College-Educated
97%
High-School Grad
13.5 sq mi
ZIP Area
1,902
Density / Sq Mi
$76,404
Median Household Income
$46,882
Median Earnings
$1,041
Median Rent
$216,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Akron, OH

$7.99 /SF/Yr
Avg Asking Price
$2.96–$12 /SF/Yr
Price Range
9,486 SF
Avg Space Size

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Deutscher Imbiss — 2064 Akron Peninsula Rd, Akron, OH 44313

Frequently Asked Questions

What type of property is this?
Flex space - Flex warehouse offering 4,000 SF of warehouse and 1,500 SF of office space with 12' clear ceiling height.
Where is this flex space located?
The property is located at 1566 Akron Peninsula Rd Akron, OH.
What are key features of this property?
This property features: 47,040 SF building in Akron with 4,000 SF of warehouse space and 1,500 SF of office space; 12' clear ceiling height with a highest‑and‑best use of storage; Merriman Valley location close to Portage Trail Extension
(330) 703-5283 Call to check price and availability
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