87 Conservatory Drive, Barberton, OH 44203
Fully leased office building with long-term tenant in place.
- Added:
- Mar 25, 2026
- Days on Market:
- 105
- Last Refresh:
- Jul 3 at 10:59 pm
Property Features for 87 Conservatory Drive
General Information
- Standard status
- Active
- Size
- 5,488 SF
- Lot size
- 0.13 Acres
- Property subtype
- Office
Listing office (216) 363-6427
Listing date Mar 25, 2026
Source Cbre
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 David Comernisky
HighLights
- High Cap Rate: 11.69%
- Fully Leased to Pinnacle Treatment Centers OH‑III, LLC
- NNN Lease (including ground lease payment)
- Long‑Term Lease: Current term ends 06/2032
- Annual Rent: $102,312
- One 5‑Year Renewal Option
Overview
Local Financial Insights For Office B
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 | $92.9k | $16.92 |
| − Vacancy | −$6.3k | −$1.15 |
| EGI | $86.5k | $15.77 |
| − OpEx | −$21.6k | −$3.94 |
| NOI | $64.9k | $11.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Barberton
- County
- Summit
- State
- Ohio
- Longitude
- -81.5903696
- Latitude
- 41.0094852
