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87 Conservatory Dr 5,488 SF 100% Leased Office Building Barberton, OH 44203 $1,193,710 CAD ($217.51 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
$1,193,710 CAD
Price Per SF
$217.51 CAD
Cap Rate
11.69%
NOI
$139,545 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
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 01-16043 | Improvements Assessment | $213,277 CAD |
| Land Assessment | $6,613 CAD | Total Assessment | $219,891 CAD |
Property Taxes
Parcel Number
01-16043
Land Assessment
$6,613 CAD
Improvements Assessment
$213,277 CAD
Total Assessment
$219,891 CAD
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87 Conservatory Dr
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