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62 N. Summit Street
Akron, OH 44308
Asking Price
$1.90M
Asset Type
Warehouse Office
Class
Class B
What's Special
Office | 15,000 SqFt <ul><li>High image free standing 15,000 SF office/lab/warehouse building for sale</li><li>Located in the heart of Downtown Akron, steps away from The University of Akron</li><li>Six (6) lab rooms that include 16 6ft bench-top Kewaunee model H36 and six (6) 6ft walk-in Kewaunee 3x model H32 & 3x deep/custom</li><li>5,000 SF of 11’ clear warehouse space with a dock</li><li>1,180 SF of lab/clean room space</li><li>8,820 SF building addition completed in 2011 - Currently office, but could be c
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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96
