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- LoopNet Team
1323 Copley Rd
Akron, OH 44320
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
ABOUT 1323 COPLEY RD , AKRON, OH 44320
The Ritzman Pharmacy chain was recently acquired by Ohio CVS Stores, LLC. This site is one of three locations that was converted from a Ritzman Pharmacy to a CVS Pharmacy. Ritzman Pharmacies retained ownership of this building and CVS is leasing the building on a 10-year, NNN lease, beginning March 8, 2019. CVS has (2) 5-year options to renew. With a projected cap rate of 13%, this presents an exceptional cash flow opportunity for an investor looking for a secure return or a 1031 Exchange Opportunity.
PROPERTY TAXES
| Parcel Number | 68-05935 | Improvements Assessment | $48,832 |
| Land Assessment | $43,407 | Total Assessment | $92,239 |
PROPERTY TAXES
