1411 S Arlington Rd - Bank FOR SALE


Akron, OH 44306- East Akron
$1,529,000 USD
513-763-3022
1411 S Arlington Rd, Akron, OH for Sale
$1,529,000 USD
Bank - FOR SALE
1/4
null | 6.6% Cap Rate

1411 S Arlington Rd
Akron, OH 44306
East Akron


OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to purchase an Absolute NNN Huntington Bank (the “Property”) in Akron, Ohio. The tenant has recently reaffirmed its long-term commitment by executing a 5-year lease extension, securing occupancy through December 31, 2031. This proactive renewal underscores the stability and reliability of the asset. The Property enjoys outstanding access and visibility at a signalized intersection along S Arlington Road which sees nearly 13,400 VPD. The property is being offered for $1,529,000 which equates to a 6.60% cap rate on current rent.

FOR SALE DETAILS

PRICE

$1,529,000 USD

PRICE/SF

$478 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Huntington National Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,368 SF

ZONING

CB, Akron

APN/PARCEL ID

67-57534

ASK ABOUT THIS PROPERTY

Hank DavisCushman & WakefieldMore Info
513-763-3022

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Hank DavisCushman & WakefieldMore Info
513-763-3022

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.