Akron General Physician Office Building

Off-Market

224 West Exchange Street, Akron, OH 44302

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Medical Office
  • Property Size 80,619 SF
  • Lot Size 3.55 Acre
  • Parking Spaces Avail. 419
  • Parking Ratio 5.20 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1991

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • 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.

  • 2022 Avg. Asking Rent $19.51
  • 2022 Office Vacancy Rate 14.78%
  • 2022 Office Completions (SF)
View more Akron market trends

Location

Getting Around

  • Walk Score ®

    51/100 Somewhat Walkable
  • Transit Score ®

    54/100 Good Transit
  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Akron, OH
  • Neighborhood Downtown Akron
  • Zip Code 44302
  • Market Cleveland Akron

Points of Interest

  • Akron Northside

    1.07 miles

  • Anytime Taxi Cab

    2.94 miles

  • Rides 4 Less

    3.22 miles

  • Botzum

    6.03 miles

  • Indigo Lake

    8.34 miles

  • Circle K

    0.55 miles

  • Circle K

    0.83 miles

  • Marathon

    1.04 miles

  • Amer's West Hill Marathon

    1.06 miles

  • BP

    1.18 miles

  • Speedway

    1.18 miles

  • Sunoco

    1.20 miles

  • Speedway

    1.23 miles

  • Sunoco

    1.58 miles

  • Circle K

    1.72 miles

  • P2 Exchange Parking Deck - Akron Children's Hospital

    0.14 miles

  • P3 Buchtel Parking Deck - Akron Children's Hospital

    0.20 miles

  • P1 Bowery Parking Deck - Akron Children's Hospital

    0.32 miles

  • West Campus Parking Deck

    0.59 miles

  • Parking Deck

    0.65 miles

  • Lot 43

    0.70 miles

  • Lot 47

    0.73 miles

  • Lot 34

    0.76 miles

  • Exchange Street Parking Deck

    0.85 miles

  • South Campus Parking Deck

    0.87 miles

  • Akron City Center Hotel

    0.59 miles

  • Courtyard by Marriott

    1.03 miles

  • Akron Steam and Sauna

    2.28 miles

  • Hilton Garden Inn

    2.81 miles

  • Country Inn & Suites

    3.85 miles

  • Sheraton Suites Akron Cuyahoga Falls

    4.45 miles

  • Lakeside Motel

    5.44 miles

  • DoubleTree by Hilton Hotel Akron/Fairlawn

    5.66 miles

  • Hilton Akron/Fairlawn

    5.73 miles

  • Econo Lodge

    6.27 miles

  • Subway

    0.45 miles

  • Da Vinci's Pizza

    0.45 miles

  • Bricco

    0.45 miles

  • Cilantro Thai & Sushi Restaurant

    0.46 miles

  • Spaghetti Warehouse

    0.46 miles

  • Jimmy John's

    0.47 miles

  • Krispy Kreme

    0.47 miles

  • Eddie's Cheesesteaks

    0.48 miles

  • The Game Grill+Bar

    0.48 miles

  • House of Hunan

    0.49 miles

  • Howe School

    0.58 miles

  • Helen Arnold Community Learning Center

    0.70 miles

  • St. Vincent- St. Mary High School

    0.77 miles

  • I Promise School

    0.77 miles

  • Riedinger Middle School

    0.87 miles

  • Saint Mary's School

    0.88 miles

  • Austen Simulation Center - Akron Children's Hospital

    0.89 miles

  • University of Akron

    0.99 miles

  • National Inventors Hall of Fame® Science, Technology, Engineering and Mathematics High School

    1.05 miles

  • Prince of Peace Christian Academy

    1.11 miles

  • Carring Hearts

    2.15 miles

  • Above & Beyond

    2.16 miles

  • Brightside

    2.26 miles

  • ACACUS

    2.97 miles

  • McKinley Early Childhood Center

    3.49 miles

  • Childtime

    3.74 miles

  • Childtime

    4.70 miles

  • Head Start

    4.83 miles

  • Childtime

    4.83 miles

  • Childscape

    5.20 miles

Frequently Asked Questions

What is the total square footage of Akron General Physician Office Building?

Akron General Physician Office Building totals 80,619 square feet.

When was this property built?

Akron General Physician Office Building was built in 1991.

What is the market value for Akron General Physician Office Building?

The market value* for Akron General Physician Office Building in 2022-2023 was $9,040,310.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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