86 Conservatory Dr | Barberton, OH 44203
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86 Conservatory Dr
Barberton, OH 44203
Value Add MOB Condo | Low Rents | $95.29/ft · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Low Rent Per Foot - Both tenants at the site are both paying a low gross rental amount that should be easily replaceable, reducing the downside risk
- Annual Rent Increases – Both tenant’s leases feature annual rent increases of 2%, to hedge against inflation.
- High Visibility Corporate Park - Anna Dean Professional Park has easy access and visibility from Robinson Ave and 5th St SE
- Low Price Per Foot - At $95.29 Per Foot, the property is being sold significantly below replacement cost
- Located in Medical Corridor Near Summa Health System Barberton Campus - Strategically located less than a mile from the Summa Health Barberton Campus
- Densely Populated - 5-mile population surrounding the property totals over 106,000 people, and the average household income is over $60,000 per year
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
5,247 SF
Building Class
C
Year Built
2001
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,247 SF
Slab To Slab
9’
Building FAR
0.57
Lot Size
0.21 AC
Zoning
C-2 - Commercial
Parking
45 Spaces (8.58 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $342,367 | |
| Land Assessment | $10,437 | Total Assessment | $352,804 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$10,437
Improvements Assessment
$342,367
Total Assessment
$352,804
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