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44 East Exchange Street

Off-Market

44 East Exchange Street, Akron, OH 44328

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  • Property Type Office - General Office
  • Property Size 230,000 Sqft
  • Lot Size 2.55 Acre
  • Parking Spaces Avail. 92
  • Parking Ratio 0.40/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1930

Location

  • City Akron, OH
  • Neighborhood Downtown Akron
  • Zip Code 44328
  • Market Cleveland Akron

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 04 Aug, 2020
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Akron

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Akron Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $17.90
  • 2020 Office Vacancy Rate 14.43 %
  • 2020 Office Completions (Sqft) 45,000

Akron Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $10.25
  • 2020 Office Sales Volume $3.5M
  • 2020 Number of Transactions 3
View more Akron market trends

Tax

  • Property Tax in 2020-2021 $135,190
  • Market Value $3,508,590
  • Assessed Value $3,508,590

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 44 East Exchange Street?

44 East Exchange Street totals 230,000 square feet.

When was this property built?

44 East Exchange Street was built in 1930.

When was 44 East Exchange Street last sold?

44 East Exchange Street was last sold on 04 Aug, 2020.

What is the property tax for 44 East Exchange Street?

The property tax for 44 East Exchange Street in 2020-2021 was $135,190.

What is the market value for 44 East Exchange Street?

The market value for 44 East Exchange Street in 2020-2021 was $3,508,590.

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