Log In/Sign Up
Your email has been sent.
Huntington National Bank 1411 S Arlington Rd 3,200 SF Retail Building Akron, OH 44306 $2,100,418 CAD ($656.38 CAD/SF) 6.60% Cap Rate
Executive Summary
Cushman & Wakefield is pleased to present the opportunity to purchase an Absolute NNN Huntington Bank (the “Property”) in Akron, Ohio. The tenant has recently reaffirmed its long-term commitment by executing a 5-year lease extension, securing occupancy through December 31, 2031. This proactive renewal underscores the stability and reliability of the asset. The Property enjoys outstanding access and visibility at a signalized intersection along S Arlington Road which sees nearly 13,400 VPD. The property is being offered for $1,529,000 which equates to a 6.60% cap rate on current rent.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
3,200 SF
Building Class
C
Year Built
1997
Price
$2,100,418 CAD
Price Per SF
$656.38 CAD
Cap Rate
6.60%
NOI
$138,628 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.74 AC
Opportunity Zone
Yes
Zoning
CB, Akron
Parking
36 Spaces (11.25 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 67-57534 | Improvements Assessment | $216,213 CAD |
| Land Assessment | $53,599 CAD | Total Assessment | $269,812 CAD |
Property Taxes
Parcel Number
67-57534
Land Assessment
$53,599 CAD
Improvements Assessment
$216,213 CAD
Total Assessment
$269,812 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Huntington National Bank | 1411 S Arlington Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.