4141 Heritage Center Dr - Freestanding FOR SALE


Copley, OH 44321
$5,125,000 USD
216-562-1981
4141 Heritage Center Dr, Copley, OH for Sale
$5,125,000 USD
Freestanding - FOR SALE
1/20
null | 5.25% Cap Rate

4141 Heritage Center Dr
Copley, OH 44321


HIGHLIGHTS

  • High Investment Grade Offering: Corporate, Build-to-Suit, Single-Tenant, Publicly Traded Charles Schwab Inv. Bank (NYSE: SCHW/S&P “A”/Moody’s “A2")
  • New NNN Lease with 14 Years of Term Remaining (No Early Termination Rights) and 10% Rental Increases in 2028 and 2033
  • Dynamic Demographics with Unbelievably High Average Household Incomes of Over $205,000 Within a 1-Mile Radius and Over 55,000 People in 5-Mile Radius
  • Modern Construction on Oversized 1.16-Acre Lot with Highly Visible Elevated Location, Prominent Monument Signage and 20-Year Transferrable Roof Warr
  • Charles Schwab Reports $9.92 Trillion in Client Assets, 36 Million Active Brokerage Accounts, 5.48 Million Daily Avg Trades & 2 Million Bank Accounts
  • Heart of the Retail Corridor: Signalized Location Off Medina Road (Over 44,000 VPD) with Direct Access to I-77 (Less Than 0.5 Miles) with 111,770 VPD

OVERVIEW

• High Investment Grade Offering: Corporate, Build-to-Suit, Single-Tenant, Publicly Traded Charles Schwab Investment Banking Office (NYSE: SCHW/S&P “A”/Moody’s “A2”) • New NNN Lease with 14 Years of Term Remaining (No Early Termination Rights) and 10% Rental Increases in 2028 and 2033 • Dynamic Demographics with Unbelievably High Average Household Incomes of Over $205,000 Within a 1-Mile Radius and Over 55,000 People in a 5-Mile Radius • Modern Construction on Oversized 1.16-Acre Lot with Highly Visible Elevated Location, Prominent Monument Signage and 20-Year Transferrable Roof Warranty • Strong Tenancy: Charles Schwab Reports $9.92 Trillion in Client Assets, 36 Million Active Brokerage Accounts, 5.48 Million Daily Average Trades and 2 Million Banking Accounts • Signalized Location Off Medina Road (Over 44,000 VPD) with Direct Access to I-77 (Less Than 0.5 Miles) with 111,770 VPD • Heart of the Retail Corridor Surrounded by Amenities: 17 Hotels, Over 50 Restaurants, an Upscale Mall and Loads of Other Complimentary Users • Positioned Directly Across from World-Renowned Cleveland Clinic’s Surgery Center at Akron General Health & Wellness (12 Operating Rooms and 2,600 Employees) • Growing Community: Next to Newer Orange Theory Fitness, Brew Wall and VIO Med Spa Anchored Center, As Well As Brand-New Construction Primrose Daycare Center (Opening Soon) and Vitalia Montrose Active Senior Living Villas • Across from Well-Known, Expertly Manicured Embassy Parkway Office and Medical Corridor: Crystal Clinic (750+ Employees in Multiple Hospital/Office Locations), Risk International Headquarters, Primeline Industries, CBIZ, and Many Other Attractive Office Buildings with High Occupancy Rates (Average 92%) • Robust Akron/Copley Employment Base: Goodyear Tires (NASDAQ: GT, 3,000 Employees), The University of Akron (9 Miles, 26,000 Students, 2,600 Employees), Fortune 500, FirstEnergy (2,500 Employees), Signet (NYSE: SIG, Kay Jewelers/Jared Jewelers, 2,870 Employees) and Spectrum (2,095 Employees) • Desirable Suburban Community with Highly Regarded Public School System • Strategic Location Between Akron and Cleveland: Short 15 Minute Commute to Downtown Akron and 25 Minute Commute to Downtown Cleveland (27 Miles to Cleveland Hopkins International Airport and 25 Miles to Akron-Canton Airport)

FOR SALE DETAILS

PRICE

$5,125,000 USD

PRICE/SF

$1,025 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bank, Storefront, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Daniel CooperCooper Commercial Investment GroupMore Info
216-562-1981

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Daniel CooperCooper Commercial Investment GroupMore Info
216-562-1981

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.