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87 Conservatory Dr 5,488 SF 100% Leased Office Building Barberton, OH 44203 $1,221,430 CAD ($222.56 CAD/SF) 11.69% Cap Rate
EXECUTIVE SUMMARY
Tenant Information:
- Fully leased to Pinnacle Treatment Centers OH-III, LLC
- Lease Rate: $18.64/SF/YR NNN
- Annual Rent: $102,312
- Cap Rate: 11.69%
- Current term ends 06/2032
- One 5-year renewal option
- Lease type: NNN (including ground lease payment)
- Fully leased to Pinnacle Treatment Centers OH-III, LLC
- Lease Rate: $18.64/SF/YR NNN
- Annual Rent: $102,312
- Cap Rate: 11.69%
- Current term ends 06/2032
- One 5-year renewal option
- Lease type: NNN (including ground lease payment)
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,488 SF
Building Class
C
Year Built
2001
Price
$1,221,430 CAD
Price Per SF
$222.56 CAD
Cap Rate
11.69%
NOI
$142,785 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,488 SF
Slab To Slab
9’
Building FAR
0.97
Lot Size
0.13 AC
Opportunity Zone
Yes
Parking
35 Spaces (7.29 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 01-16043 | Improvements Assessment | $216,307 CAD |
| Land Assessment | $6,707 CAD | Total Assessment | $223,014 CAD |
PROPERTY TAXES
Parcel Number
01-16043
Land Assessment
$6,707 CAD
Improvements Assessment
$216,307 CAD
Total Assessment
$223,014 CAD
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87 Conservatory Dr
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