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87 Conservatory Dr 5,488 SF 100% Leased Office Building Barberton, OH 44203 $875,000 ($159.44/SF) 11.69% Cap Rate



EXECUTIVE SUMMARY
Tenant Information:
- Fully leased to Pinnacle Treatment Centers OH-III, LLC
- Lease Rate: $18.64/SF/YR NNN
- Annual Rent: $102,312
- Cap Rate: 11.69%
- Current term ends 06/2032
- One 5-year renewal option
- Lease type: NNN (including ground lease payment)
- Fully leased to Pinnacle Treatment Centers OH-III, LLC
- Lease Rate: $18.64/SF/YR NNN
- Annual Rent: $102,312
- Cap Rate: 11.69%
- Current term ends 06/2032
- One 5-year renewal option
- Lease type: NNN (including ground lease payment)
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,488 SF
Building Class
C
Year Built
2001
Price
$875,000
Price Per SF
$159.44
Cap Rate
11.69%
NOI
$102,288
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,488 SF
Slab To Slab
9’
Building FAR
0.97
Lot Size
0.13 AC
Opportunity Zone
Yes
Parking
35 Spaces (7.29 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 01-16043 | Improvements Assessment | $154,091 |
| Land Assessment | $4,778 | Total Assessment | $158,869 |
PROPERTY TAXES
Parcel Number
01-16043
Land Assessment
$4,778
Improvements Assessment
$154,091
Total Assessment
$158,869
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87 Conservatory Dr
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