Dental/Retail/Flex Space
For Sale
Contact for pricing
727 Graham Rd, Cuyahoga Falls, OH 44221
High visibility building suitable for dental, retail, or flex space.
Property Size5,088 SF
Price / SF$95.32
Days on Market795
Property Features for 727 Graham Rd
General Information
Standard status
Active
Size
5,088 SF
Class
B
Property subtype
Mixed Use, Retail, Special Purpose
Zoning
Commercial. Retail, Office
Lease Type
NNN
Building Details
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices Stouffer Realty Inc
(330) 990-0256
Listed By:
William Snow · License #2013001675
Source:
Crexi
Added: Jun 18, 2024
Changed: Aug 8
Last Checked: Aug 19 at 1:14PM
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 Berkshire Hathaway HomeServices Stouffer Realty Inc
Investment Insights
Based on property information with market context.
This 5,088-square-foot building is suitable for dental, retail, or flex space. It offers high visibility and is ready for occupancy. Some office furniture will remain with the property. The building presents well on Graham Road and includes a concrete parking lot with 20 spaces. The building is in very good condition.
Key Highlights
- High visibility location on Graham Rd.
- Concrete parking lot with 20 spaces
- Building is in very good condition and ready for occupancy.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,236
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$644,720
$644.7K
Cap Rate 7%
$460,514
$460.5K
Cap Rate 9%
$358,178
$358.2K
Market Conditions
NOI Build-Up for 5,088 SF
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.
Gross rent
$47.6K $9.36/SF
− Vacancy
−$1.6K −$0.31/SF
EGI
$46.1K $9.05/SF
− OpEx
−$13.8K −$2.72/SF
NOI
$32.2K $6.34/SF
Area
Summit County, OH
Vacancy
3.30%
Lease Rate
$9.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$644,720
Cap Rate 7%
$460,514
Cap Rate 9%
$358,178
Alternative Uses
Best Use
Office B
$859.7K
$752.2K – $1.00M
NOI $60,176 @ 7.0% cap · market cap 12.41%
Second Best
Mixed Use
$735.9K
$644.0K – $858.6K
NOI $51,516 @ 7.0% cap · market cap 10.62%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,405 @ 7.0% cap · market cap 18.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Explore this area
Business Placement
Demographics for 44221, OH
29,601
Population
14,379
Households
2.1
Avg Household Size
39
Median Age
31%
College-Educated
93%
High-School Grad
6.4 sq mi
ZIP Area
4,625
Density / Sq Mi
$61,893
Median Household Income
$40,060
Median Earnings
$1,026
Median Rent
$160,400
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?
Mixed-use property - High visibility building suitable for dental, retail, or flex space.
Where is this mixed-use property located?
The property is located at 727 Graham Rd Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: High visibility location on Graham Rd.; Concrete parking lot with 20 spaces; Building is in very good condition and ready for occupancy.
