74 E Robinson Ave | Barberton, OH 44203
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- LoopNet Team
74 E Robinson Ave
Barberton, OH 44203
NOVEX · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term Lease – ±9 years of lease term remaining, offering investors with a stabilized investment opportunity.
- Rent Growth – Lease provides 3% annual increases throughout both the initial term and 5-year option period
- Into the space to make it suitable for their highly specialized production process & demonstrating their commitment to the location.
- New Headquarters – This property serves as the new HQ Novex, a strong local manufacturing business.
- Passive Lease Structure – NNN lease with landlord responsibilities limited to roof & structure
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1953 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.99 AC | Parking Ratio | 0.8/1,000 SF |
| Rentable Building Area | 24,983 SF | ||
| Zoning | Industrial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.99 AC |
| Rentable Building Area | 24,983 SF |
| No. Stories | 1 |
| Year Built | 1953 |
| Tenancy | Single |
| Parking Ratio | 0.8/1,000 SF |
| Zoning | Industrial |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $75,383 | |
| Land Assessment | $36,425 | Total Assessment | $111,808 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$36,425
Improvements Assessment
$75,383
Total Assessment
$111,808
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