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8.25% CAP MOB | $100/FT | 3.5 YR WALT | OHIO 390 Robinson Ave 16,836 SF 90% Leased Retail Building Barberton, OH 44203 $2,322,837 CAD ($137.97 CAD/SF) 8.25% Cap Rate

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Investment Highlights

  • Federally Qualified Health Center Anchor: AxessPointe Community Health Centers leases more than 12,200 square feet and represents roughly seventy two
  • Clear Value Add Potential: Approximately 1,700 square foot suite is vacant, representing about 10% of the building, with potential to add around thirt
  • Strategic Location Near Hospital: Located less than one mile from Summa Health System Barberton Campus, allowing tenants to coordinate care and access
  • Complementary Healthcare Tenancy and On-Site Pharmacy: Ascent Audiology and Hearing occupies nearly 3,000 square feet, and an AxessPointe branded phar
  • Modern Two-Story MOB: Constructed in 2003, the two-story, class B condominium totals approximately 16,836 SF with elevator access and efficient suite
  • Dense Trade Area with Senior Demographics: Five-mile population exceeds 113,000 with an average household income above $60,000, supporting a deep and

Executive Summary

Broker of Record
Matt Wallace
License # REC.2022007141, BRKP.2024002419 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,836 SF
Building Class
B
Year Built
2004
Price
$2,322,837 CAD
Price Per SF
$137.97 CAD
Cap Rate
8.25%
NOI
$191,634 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.53 AC
Opportunity Zone
Yes
Frontage
217’ on Conservatory

Amenities

  • Controlled Access
  • Corner Lot
  • Freeway Visibility
  • Mezzanine
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Skylights
  • Skyway
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Ascent Audiology And Hearing
  • Retailer
  • -
  • -
  • -
  • Axess Family Services Inc
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Axesspointe Community Health Center/barberton
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

Depuis plus de 65 ans, Ritzman Pharmacy a créé un héritage de produits de qualité, d'excellence professionnelle et de service au-delà du banal. La pharmacie Ritzman est plus qu'une simple pharmacie. C'est une institution communautaire familière et précieuse où les clients viennent recevoir des soins de la qualité qu'ils ne peuvent trouver nulle part ailleurs. Alors que d'autres pharmacies ont changé d'orientation pour devenir principalement des détaillants, Ritzman s'est consacré à des soins de qualité et à un mode de vie sain. Nous prenons le temps de connaître les noms et les antécédents médicaux de nos clients et de fournir des recommandations en matière de soins de santé adaptées aux besoins de chaque personne.

Tenant Industry SF Occupied Rent/SF Lease End
Ascent Audiology And Hearing Retailer - - -
Axess Family Services Inc Professional, Scientific, and Technical Services - - -
Axesspointe Community Health Center/barberton Health Care and Social Assistance - - -
Retailer - - -

Nearby Major Retailers

Giant Eagle
Chase Bank
Huntington National Bank
The YMCA
Planet Fitness
Hannaford
Marc's
Fifth Third Bank
U.S. Bank
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
01-16242
Land Assessment
$11,479 CAD
Improvements Assessment
$433,411 CAD
Total Assessment
$444,890 CAD
  • Listing ID: 39507466

  • Date on Market: 2026-02-20

  • Last Updated:

  • Address: 390 Robinson Ave, Barberton, OH 44203

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