Office
1871 BAILEY ROAD
1871 Bailey Rd, Cuyahoga Falls, OH 44221
Listing Price: $848,000
Investment Overview
Marcus & Millichap is pleased to present the 1871 Bailey Road, located in Cuyahoga Falls, Ohio. The asset is the signature property at the corner of Bailey Road and Northmorland Boulevard. It is a 14,322 Square Foot, 75% occupied multitenant office property built in 1973 with a unique, high-quality primarily medical tenant mix located in the Akron MSA. The major tenant, Child Guidance & Family Services occupies over half of the building . The remainder of the building is occupied by other medical professional service tenants. The
subject property rests on approximately 1.34 acres and is positioned within less than a mile south of the Ohio State Route 8 intersection (Over 92,400 vehicles per day) the major interstate connecting Cleveland and Akron.
1871 BAILEY ROAD
Investment Highlights
- 75 Percent Occupied Multi-Tenant Medical Office Located in Akron MSA | E-Commerce & Recession Proof Tenant Mix
- 14,322 Rentable Square Feet | 1.34 Acres | Major Tenants Includes Child Guidance and Family Solutions and Paradise Home Healthcare
- New Five-Year Leases Limiting Rollover Exposure | Opportunity to Acquire a Class B, Multi-Tenant Office with Medical Tenants and Upside to the Occupancy
- New Roof at the Property, Just Replaced in 2024
Exclusively Listed By
Financing By
Listing Price: $848,000
Investment Highlights
- 75 Percent Occupied Multi-Tenant Medical Office Located in Akron MSA | E-Commerce & Recession Proof Tenant Mix
- 14,322 Rentable Square Feet | 1.34 Acres | Major Tenants Includes Child Guidance and Family Solutions and Paradise Home Healthcare
- New Five-Year Leases Limiting Rollover Exposure | Opportunity to Acquire a Class B, Multi-Tenant Office with Medical Tenants and Upside to the Occupancy
- New Roof at the Property, Just Replaced in 2024
Investment Overview
Marcus & Millichap is pleased to present the 1871 Bailey Road, located in Cuyahoga Falls, Ohio. The asset is the signature property at the corner of Bailey Road and Northmorland Boulevard. It is a 14,322 Square Foot, 75% occupied multitenant office property built in 1973 with a unique, high-quality primarily medical tenant mix located in the Akron MSA. The major tenant, Child Guidance & Family Services occupies over half of the building . The remainder of the building is occupied by other medical professional service tenants. The subject property rests on approximately 1.34 acres and is positioned within less than a mile south of the Ohio State Route 8 intersection (Over 92,400 vehicles per day) the major interstate connecting Cleveland and Akron.
Exclusively Listed By
Financing By
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