3747-3781 Fishcreek Road
9,540 SF owner user office building and a 12,198 SF multitenant investment office/warehouse flex
Marketing description
The Subject Property is an investment opportunity that includes a 9,540 SF single tenant corporate office and a 12,198 SF multitenant office/warehouse flex building that sits on 4.55 acres. The property is located in Stow, OH at the corner of Fishcreek Road and Greenlawn Drive in close proximity to State Routes 59 and 91. The buildings are not in need of any outstanding improvements and both roofs were replaced in 2012. This is a perfect opportunity for an investor looking to purchase a property in good condition with strong tenants. This property has a capitalization rate of 7.06% based off of projected 2023 net operating income which does not account for management fees or replacement reserves. An offering memorandum can be provided upon request.
Investment highlights
Value-add opportunity
Built in 1989 with new roofs in 2012
Approx. 6 minutes to downtown Kent
Next to new Stow-Kent Summa Hospital
Across from national retail outlets/restaurants
Traffic count: 16,998 vehicles per day
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