Class A Office
For Sale
$2,400,000
8948 Canyon Falls Blvd, Twinsburg, OH 44087
Modern, fully occupied office building near highway access.
Property Size14,572 SF
Days on Market337
Property Features for 8948 Canyon Falls Blvd
General Information
Standard status
Active
Size
14,572 SF
Property subtype
10/19/2026
Building Details
Building Size
14,572 SF
Listing Agency:
Cresco Real Estate | Cleveland
Listed By:
David Leb · License #OH SAL.2015004836
(216) 525-1488
Source:
Cushmanwakefield
Added: Nov 24, 2025
Changed: Oct 25
Last Checked: Oct 26 at 12:59PM
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
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Investment Insights
Based on property information with market context.
This is a 14,572 square foot Class A single-story office building constructed in 2011. The property is in excellent condition and fully occupied, offering strong returns. Leases are triple-net and structured for ease of ownership. The location provides convenient highway access and proximity to downtown Twinsburg's amenities. Modern, move-in ready suites feature abundant natural light and high-quality tenancy. Flexibility exists for a sale-leaseback or for an owner to vacate 7,800 square feet for medical or office use.
Key Highlights
- Prime location near highway access and downtown Twinsburg amenities.
- Fully occupied with strong returns and favorable triple‑net leases.
- Flexibility for sale‑leaseback or owner occupancy of 7,800 SF.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,344
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,446,880
$3.4M
Cap Rate 7%
$2,462,057
$2.5M
Cap Rate 9%
$1,914,933
$1.9M
Market Conditions
NOI Build-Up for 14,572 SF
Gross rent
$246.6K $16.92/SF
− Vacancy
−$16.8K −$1.15/SF
EGI
$229.8K $15.77/SF
− OpEx
−$57.4K −$3.94/SF
NOI
$172.3K $11.83/SF
Area
Summit County, OH
Vacancy
6.80%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,446,880
Cap Rate 7%
$2,462,057
Cap Rate 9%
$1,914,933
Alternative Uses
Best Use
Office B
$2.46M
$2.15M – $2.87M
NOI $172,344 @ 7.0% cap · market cap 7.18%
Second Best
Healthcare Medical
$2.17M
$1.89M – $2.53M
NOI $151,589 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$3.58M
$3.13M – $4.17M
NOI $250,327 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
Explore this area
Business Placement
Demographics for 44087, OH
22,626
Population
9,146
Households
2.5
Avg Household Size
44
Median Age
47%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,257
Density / Sq Mi
$95,810
Median Household Income
$59,762
Median Earnings
$1,333
Median Rent
$290,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Modern, fully occupied office building near highway access.
Where is this office building located?
The property is located at 8948 Canyon Falls Blvd Twinsburg, OH.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Prime location near highway access and downtown Twinsburg amenities.; Fully occupied with strong returns and favorable triple‑net leases.; Flexibility for sale‑leaseback or owner occupancy of **7,800 SF**.
