Log In/Sign Up
Your email has been sent.
Suburban Professional Building 111 Stow Ave 15,842 SF 100% Leased Office Building Cuyahoga Falls, OH 44221 $1,500,000 ($94.69/SF) 7.48% Cap Rate
Executive Summary
The Subject Property is a well maintained 15,842 SF two story office building. The building also
includes an elevator and a 3,830 SF basement. The property is located on the newly redeveloped
Front Street in Cuyahoga Falls. The property is within minutes of State Route 8 for superior
access to the Akron, Canton, and Cleveland marketplaces.
This property is 100% leased with a mix of short and long term tenants. The anchor tenant that
occupies half the building, has three years remaining on their term. Currently, the anchor tenant is
in the process of investing $160K-$180K into their space for a full remodel which includes key fob
access for the entire building. The surrounding area includes retail, restaurant amenities, with
ample city parking surface lots and decks.
Please email Graydon (graydon.fox@svn.com) or Brian (brian.foster@svn.com) for the offering memorandum.
includes an elevator and a 3,830 SF basement. The property is located on the newly redeveloped
Front Street in Cuyahoga Falls. The property is within minutes of State Route 8 for superior
access to the Akron, Canton, and Cleveland marketplaces.
This property is 100% leased with a mix of short and long term tenants. The anchor tenant that
occupies half the building, has three years remaining on their term. Currently, the anchor tenant is
in the process of investing $160K-$180K into their space for a full remodel which includes key fob
access for the entire building. The surrounding area includes retail, restaurant amenities, with
ample city parking surface lots and decks.
Please email Graydon (graydon.fox@svn.com) or Brian (brian.foster@svn.com) for the offering memorandum.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
15,842 SF
Building Class
B
Year Built/Renovated
1974/2010
Price
$1,500,000
Price Per SF
$94.69
Cap Rate
7.48%
NOI
$112,217
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,921 SF
Slab To Slab
10’
Building FAR
1.58
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
MU-6, Downtown
Amenities
- Air Conditioning
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-02854 | Improvements Assessment | $251,570 |
| Land Assessment | $18,974 | Total Assessment | $270,544 |
Property Taxes
Parcel Number
02-02854
Land Assessment
$18,974
Improvements Assessment
$251,570
Total Assessment
$270,544
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Suburban Professional Building | 111 Stow Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.