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Investment Opportunity 1914 Bailey Rd 11,335 SF Retail Building Cuyahoga Falls, OH 44221 $1,358,600 ($119.86/SF) 7.35% Cap Rate
Executive Summary
• Investment Opportunity
• Rental increase after 5 years.
• Stand alone building leased to Dollar Tree on a new 10 year deal.
• Close to downtown Cuyahoga Falls and Route 8.
• Rental increase after 5 years.
• Stand alone building leased to Dollar Tree on a new 10 year deal.
• Close to downtown Cuyahoga Falls and Route 8.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,335 SF
Building Class
B
Year Built
1996
Price
$1,358,600
Price Per SF
$119.86
Cap Rate
7.35%
NOI
$99,857
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.20 AC
Zoning
MU-2
Parking
50 Spaces (4.41 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Fifth Third Bank
Property Taxes
| Parcel Number | 02-19595 | Improvements Assessment | $389,435 |
| Land Assessment | $111,143 | Total Assessment | $500,578 |
Property Taxes
Parcel Number
02-19595
Land Assessment
$111,143
Improvements Assessment
$389,435
Total Assessment
$500,578
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Investment Opportunity | 1914 Bailey Rd
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