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2006 East Harbor Rd 5,248 SF Office Building Port Clinton, OH 43452 $1,499,000 ($285.63/SF) 5.11% Cap Rate



INVESTMENT HIGHLIGHTS
- Fully-leased building with land for expansion
- 0.50 acre outlot for development
- Adjacent property is also for sale
- 5,248 sq. ft. dental office built in 2017
- Next to high-traffic Kroger plaza
EXECUTIVE SUMMARY
Fully-leased investment opportunity with land for expansion.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,248 SF
Building Class
B
Year Built
2017
Price
$1,499,000
Price Per SF
$285.63
Cap Rate
5.11%
NOI
$76,545
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,248 SF
Building FAR
0.06
Lot Size
2.13 AC
Parking
34 Spaces (6.48 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 020-2091034446000 | Improvements Assessment | $178,969 |
| Land Assessment | $69,675 | Total Assessment | $248,644 |
PROPERTY TAXES
Parcel Number
020-2091034446000
Land Assessment
$69,675
Improvements Assessment
$178,969
Total Assessment
$248,644
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2006 East Harbor Rd
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