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87 Conservatory Dr
Barberton, OH 44203
Office Property For Sale


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)
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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