286 Cleveland Massillon RdAkron, OH 44333

Exceptional investment opportunity: This 18,038 square foot school building in Akron, Ohio, presents a compelling investment prospect. Located at 286 N Cleveland Massillon Rd, 44333, the property boasts a strong 7.00% cap rate and a substantial 16.4 years remaining on a triple-net (NNN) lease, expiring March 30, 2041. The lease commenced March 31, 2022, and features a corporate guarantee and 2% annual rent bumps, ensuring consistent income growth. The tenant, a nationally operating school with plans for significant expansion, currently maintains 100% occupancy. Built in 1989, the property sits on a 2.59-acre lot and generates a net operating income (NOI) of $300,000. The asking price is $4,285,714, translating to a price per square foot of $237.59. The property enjoys high visibility from Highway 77 and benefits from a strong demographic profile, with over 61,000 people within a 5-mile radius and average household incomes exceeding $105,143. The lease includes two 10-year renewal options. This is a rare opportunity to acquire a stable, high-yielding investment with significant long-term potential. The property's location on North Cleveland Massillon Road sees over 10,000 vehicles per day.