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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
Background Information: In 2018 the Ritzman Pharmacy chain was recently acquired by CVS Pharmacy, with most of its 20 stores closing. This site is one of the three highest producing locations that were converted from Ritzman Pharmacy to CVS Pharmacy. CVS thus signed a 10-year NNN lease, beginning March 8, 2019. CVS has (2) 5-year options to renew both with substantial rent increases each option. This is a great property to park your money as CVS’s tenant reputation is excellent. The lease in place is Landlord friendly and the building is in great condition and in an excellent retail location. Given this location’s high sales history and with Amazon’s distribution center being constructed just a few miles away, this property is primed to benefit from a surging retail corridor.
PROPERTY TAXES
| Parcel Number | 68-05935 | Improvements Assessment | $48,832 |
| Land Assessment | $43,407 | Total Assessment | $92,239 |
PROPERTY TAXES
