3043 Sanitarium Road

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3043 Sanitarium Road

Akron, OH 44312
Asking Price
$1.32M
Asset Type
Office
Class
Class B

What's Special

3043 Sanitarium Road is situated in southeastern Akron, Ohio, within a mixed-use neighborhood characterized by professional services and residential communities. The property offers direct access to State Route 224 and Interstate 77, facilitating regional connectivity to downtown Akron and the Canton market. Local amenities include various dining options, retail centers, and essential services located along the nearby Canton Road corridor. The location provides a suburban office setting with convenient surface parking and proximity to established regional transit routes. The asset is well-suited for professional service firms, administrative headquarters, or satellite offices requiring efficient floor plates and high visibility. Typical tenants for this office profile include legal practices, accounting firms, insurance agencies, and medical administrative services. The layout and location cater to businesses seeking a functional environment with accessible commutes for a local workforce. Its placement within a stable commercial pocket makes it an ideal choice for established organizations looking for a professional presence in the Akron area.

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NOI
$80,000
Cap Rate
6.04%
DSCR
1.02
Tight
Cash-on-Cash
0.34%
Monthly Payment
$6,555.377
Annual Cash Flow
$1,335.475

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