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First Merit Bank 1871 Bailey Rd 14,333 SF 75% Leased Office Building Cuyahoga Falls, OH 44221 $1,170,528 CAD ($81.67 CAD/SF) 11.86% Cap Rate
Executive Summary
Office for Sale in Cuyahoga Falls (14,322 SF) Value Add Opportunity
• Multi Tenant building 74% occupied.
• Located less than one (1) mile from Downtown Cuyahoga Falls and Route 8.
• Elevator to all floors
• Signage available
• Free surface parking in front and rear of building
• Multi Tenant building 74% occupied.
• Located less than one (1) mile from Downtown Cuyahoga Falls and Route 8.
• Elevator to all floors
• Signage available
• Free surface parking in front and rear of building
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,333 SF
Building Class
C
Year Built
1973
Price
$1,170,528 CAD
Price Per SF
$81.67 CAD
Cap Rate
11.86%
NOI
$138,873 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,778 SF
Slab To Slab
14’
Building FAR
0.25
Lot Size
1.34 AC
Zoning
MU-2
Parking
140 Spaces (9.77 Spaces per 1,000 SF Leased)
Amenities
- Banking
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Child Guidance and Family Services
- Services
- -
- -
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Child Guidance and Family Services | Services | - | - | Lorem Ipsum | Jan 0000 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-20163 | Improvements Assessment | $467,535 CAD |
| Land Assessment | $70,059 CAD | Total Assessment | $537,594 CAD |
Property Taxes
Parcel Number
02-20163
Land Assessment
$70,059 CAD
Improvements Assessment
$467,535 CAD
Total Assessment
$537,594 CAD
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First Merit Bank | 1871 Bailey Rd
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