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780 High St
Wadsworth, OH 44281

$3,505,000 USD

Office For Sale  •  11,335 SF

Property Details

  • Property Type Office
  • Total Building Size 11,335 SF
  • Lot Size 1.68 AC
  • Building Class B
  • Year Built 1997
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning C-4
0 Transit Score
58 Walk Score

Highlights

Single-Tenant NNN Corporately Guaranteed by High-Profile, Elite Investment Grade, and World Renown Medical Provider, Cleveland Clinic (S&P "AA")
Eye Popping Self-Funded Investment by Tenant into for Approximately $6.8 Million & Sales Price of $3.5 Million!! Higher Tier Location (Imaging & Lab)
Full 10-Years of Lease Term (Lease Commences 3/1/2026) | 2025 Ranked #2 Hospital in US, Along w/ Named No.1 for Heart Program Since 1995! (Newsweek)
No Daily Mgmt. Responsibilities: Tenant Handles ALL Maintenance Directly and Reimburses for Real Estate Taxes and Insurance
Affluent Market: Average Household Incomes $123k in 5-Miles & Directly Off Major Highway (55k VPD) & Located on Main Artery with Another 30k VPD
Far Below Comparable Rental Rates to Other Similar Medical/Urgent Care Facilities at Only $17/S.F. as well as Far Below Building Replacement Costs

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Cleveland Clinic: S&P "AA" 11,355 SF 4/1/2036

Amenities

  • Security System
  • Signage
  • Wheelchair Accessible
  • Reception
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Akron-Canton Regional 29 min - 21.8 mi
Cleveland-Hopkins International 47 min - 32.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Dan Cooper 440-915-7902 Cooper Commercial Investment Group
Dan Cooper 440-915-7902 Cooper Commercial Investment Group