The representation contained on this internet page has been secured from sources deemed to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. The information has not been independently verified. Principals are advised to conduct a thorough due diligence review for any potential transaction. Marcus & Millichap Real Estate Investment Services name and logo are used herein for informational purposes only as well as to identify brokerage affiliation.
LONG TERM PASSIVE INVESTMENT
10-year net lease, ideal hands-off investors looking for long-term, stable cash flow
RENTAL ESCALATIONS
Scheduled 8% rent bumps every five years during the base term and option periods provide built-in income growth
STRONG STABLE HEALTHCARE TENANT
Hometown Urgent Care & Occupational Health is Ohio’s largest urgent care company with 32 locations across the state
SIGNALIZED CORNER LOCATION
Positioned at a high-visibility, signalized intersection on East Waterloo Rd, with over 24,700 vehicles passing the site daily
WELL-LOCATED OUTPARCEL TO GIANT EAGLE
Direct outparcel to Giant Eagle, a dominant regional grocer and shadow-anchored by South Plaza Shopping Center
ON MAIN THOROUGHFARE, RIGHT OFF BUSY INTERSTATE
Less than half a mile from the I-77/I-277 interchange, providing easy accessibility for patients and employees
SURROUNDED BY DENSE RESIDENTIAL
Strong consumer base in the immediate trade area is bolstered by being located at the entrance to Firestone Park, a historic Akron neighborhood with nearly 14,000 residents, and proximity to The University of Akron
Akron, OH
Price:
$2,452,000
CAP:
6.15%
NOI:
$150,758
Lynchburg, VA
Price:
$2,536,128
CAP:
6.25%
NOI:
$158,508
Fort Worth, TX
Price:
$3,600,000
CAP:
3.75%
NOI:
$135,000
Dover, DE
Price:
$5,985,100
CAP:
6.25%
NOI:
$374,068
Murrysville (Pittsburgh), PA
Price:
$5,582,800
CAP:
6.25%
NOI:
$348,925
