5778 Darrow Rd | Hudson, OH 44236
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5778 Darrow Rd
Hudson, OH 44236
Moody's A2 Credit Medical |Abs NNN |7.5% Cap · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN, Credit Backed (Moody’s “A2”) University Hospitals Physicians Office in Prime Location, Surrounded by World-Renowned Healthcare Systems
- Tenant Since 2007 with 5 Years of Term Remaining on a 10-Year Extension and Annual Rental Increases, Providing Future Income Growth
- UH Self-Funded Upgraded Power for X-Ray Use, New HVAC Units, Parking Lot Seal Coat and Rebuilt Numerous Office Spaces, Proving Strong Commitment
- ZERO Management Responsibilities: University Hospitals Handles ALL On-Site Maintenance and Repairs, Along with Real Estate Taxes and Insurance
- Ideal Demographics in One of Cleveland/Akron’s Most Highly Affluent Suburbs: Unbelievably High Average Household Incomes Over $190,000 Within a 1-Mile
- Positioned at Signalized Corner Location with 26,765 VPD and Easy Highway Access to SR-303 with 18,550 VPD, SR-8 with Over 61,000 VPD
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
16,352 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,176 SF
Building FAR
0.16
Lot Size
2.34 AC
Zoning
C
Parking
80 Spaces (4.89 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 30-05927 | Improvements Assessment | $465,581 |
| Land Assessment | $81,683 | Total Assessment | $547,264 |
PROPERTY TAXES
Parcel Number
30-05927
Land Assessment
$81,683
Improvements Assessment
$465,581
Total Assessment
$547,264
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