275 Martinel Drive

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275 Martinel Drive

Kent, OH 44240
Asking Price
$995K
Asset Type
Traditional Office Office
Class
Class B

What's Special

275 Martinel Drive, Kent, OH 44240 <ul><li>​10,962 SF Office, On Two Floors</li><li>​5,481 SF Available Now (1st Floor)</li><li>​Sale Price: $995,190</li><li>​Lease Rate: 1st Floor 5,481 SF NNN @ $9.00/SF/YR NNN, Net Charges $3.19/SF/YR</li><li>​Lease Rate: 2nd Floor 5,481 SF @ $7.00/SF/YR NNN, Net Charges $3.19/SF/YR</li><li>​Zoning: Industrial District</li><li>​Built in 1975</li></ul>

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NOI
$80,000
Cap Rate
8.04%
DSCR
1.35
Strong
Cash-on-Cash
7.01%
Monthly Payment
$4,923.657
Annual Cash Flow
$20,916.114

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