8.50% Cap Rate • MOB • Multi-Tenant • Healthcare • 3.5 YR WALT

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8.50% Cap Rate • MOB • Multi-Tenant • Healthcare • 3.5 YR WALT

Barberton, OH 44203
Asking Price
$1.65M
Asset Type
Office
Class
Class B

What's Special

This multi-tenant medical office building is located in Barberton, Ohio, a community situated approximately 15 minutes southwest of downtown Akron. The property sits within a established commercial district characterized by professional services and essential local retail. Accessibility is provided via State Route 619 and nearby Interstate 76, connecting the site to the broader Northeast Ohio regional infrastructure. Local amenities include various dining options, pharmacies, and neighborhood convenience centers that serve the surrounding residential population. The facility is specifically designed to support clinical and administrative healthcare operations. With a current Weighted Average Lease Term (WALT) of 3.5 years, the asset is suited for outpatient service providers, private medical practices, or specialized health consultants. Typical tenants include general practitioners, diagnostic laboratories, and dental clinics that benefit from a mix of private exam rooms and communal waiting areas. The layout accommodates healthcare professionals requiring frequent patient turnover and a central location near community transit corridors.

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NOI
$80,000
Cap Rate
4.86%
DSCR
0.82
Underwater
Cash-on-Cash
-3.60%
Monthly Payment
$8,148.457
Annual Cash Flow
$-17,781.488

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