2655 S Arlington Rd, Akron, OH
28,324 SF property with tenant income until 2028.
- Added:
- Sep 30, 2025
- Days on Market:
- 258
- Last Refresh:
- May 19 at 8:31 pm
Property Features for 2655 S Arlington Rd
General Information
- Standard status
- Active
- Size
- 28,324 SF
- Lot size
- 1.76 Acres
- Property subtype
- RETAIL
Listing agent Ryan Fisher (216) 525-1497
Listing office Cresco Real Estate | Cleveland (216) 525-1497
Listing date Sep 30, 2025
Source Moodyscre
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 Cresco Real Estate | Cleveland
HighLights
- Ideal for owner/user or investor with existing income from a tenant occupying 10,785 SF with a lease term until 2028, plus the potential to demise the vacant space.
- Excellent visibility and signage opportunities on S Arlington Road with nearly 14,000 vehicles per day.
- Convenient access to I‑77.
- Equipped with four (4) docks and four (4) drive‑in doors.
- 28,324 SF former furniture, mattress, and appliance store.
- 18’8” clear height.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $193.7k | $6.84 |
| − Vacancy | −$5.0k | −$0.18 |
| EGI | $188.7k | $6.66 |
| − OpEx | −$28.3k | −$1.00 |
| NOI | $160.4k | $5.66 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Storage Rentals of America — 2939 Chenoweth Rd, Akron, OH 44312
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.4916
- Latitude
- 40.9987