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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20571867
32726853

111 Stow Ave, Cuyahoga Falls, OH 44221

GF
OH SAL2019006700
SVN Summit Commercial Real Estate Advisors
BF
OH OH 2021008191
SVN Summit Commercial Real Estate Advisors
Listed by SVN Summit Commercial Real Estate Advisors
$1,500,000
576 days on market
Updated 16 days ago
Opportunity zone

111 Stow Avenue

Details
APN 0202854
Property Type Office
Sub Type Traditional Office
Square Footage 15,842
Cap Rate 7.48%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 7.48%
Pro-Forma NOI $112,217
Price per SqFt $95
Class B
Year Built 1974
Buildings 1
Stories 2
Acreage 0.210
Investment Type Stabilized

100% Fully Leased Investment Opportunity

Marketing description

The Subject Property is a well maintained 15,842 SF two story office building. The building also includes an elevator and a 3,830 SF basement. The property is located on the newly redeveloped Front Street in Cuyahoga Falls. The property is within minutes of State Route 8 for superior access to the Akron, Canton, and Cleveland marketplaces. This property is 100% leased with a mix of short and long term tenants. The anchor tenant that occupies half the building, has three years remaining on their term. Currently, the anchor tenant is in the process of investing $160K-$180K into their space for a full remodel which includes key fob access for the entire building. The surrounding area includes retail, restaurant amenities, with ample city parking surface lots and decks.

Investment highlights

Located in an Opportunity Zone

Listing Contacts

GF
OH SAL2019006700
SVN Summit Commercial Real Estate Advisors
BF
OH OH 2021008191
SVN Summit Commercial Real Estate Advisors
Listed by SVN Summit Commercial Real Estate Advisors

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Additional Information

Name
Graydon Fox
License
SAL2019006700
Brokerage Phone
3307035283
Title
OH
Brokerage Address
3029 Smith Road
Name
Brian Foster
License
OH 2021008191
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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