For Sale $1,150,000
Property Type Office - General Office
Property Size 16,488 SF
Units 5
Lot Size 6.47 Acre
Property Tenancy Multi-Tenant
Building Class B
Year Built 1989
Year Renovated 2021
Date Updated Mar 7, 2024

Located in Mogadore, Ohio (Springfield Township) off SR 224 ideally positioned in Summit, close to both Portage and Stark counties.SVN Summit Commercial Advisors is pleased to exclusively offer Portage Hills Park West, 90% occupied, medical/office investment opportunity. Net leases; anchor tenant (private practice) with 8 years remaining; other leases with 5, 6, and 3 years remaining. Upside exists in leasing the vacant 2nd floor suite and billing back as per leases. The property is strategically located off SR-224 in a gorgeous park-like setting in Mogadore, Ohio in Summit County on the border of Portage county.Portage Hills Park West medical office is strategically located off SR-224 in Mogadore (Springfield Township), a location proven to effectively serve patients/clients from Summit, Portage and Stark counties. Anchor tenants include a well-established primary care practice (occupying approx. half of the building) and well-known medical laboratory.

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Attachments

Highlights

90% occupied medical/office building
New water system (2021)
New monument signage (2021)
Parking lot resurfaced and restriped (2021)
50% of the building has been updated to LED (2021 & 2022)
Value-add with one remaining vacancy

Contacts

Nichole Booker

SVN | Summit Commercial Real Estate Group

(330) 475-5500

Location

Getting Around

Walk Score ®
6/100 Car-Dependent
Bike Score ®
30/100 Somewhat Bikeable

Map
Street

City Mogadore, OH
Neighborhood Hillside
Zip Code 44260
Market Cleveland Akron

Points of Interest

Rides 4 Less

5.14 miles
Akron Northside

7.53 miles

GetGo

1.39 miles
Speedway

1.46 miles
Speedway

1.72 miles
BP

1.77 miles
Circle K

2.19 miles
Marathon

2.49 miles
Marathon

3.11 miles
Sunoco

3.27 miles
GetGo

3.52 miles
Circle K

3.62 miles

Oak Hill Curch Parking

3.16 miles
Goodyear HQ Parking Lot

4.57 miles
Lot 8

5.17 miles
Lot 15

5.29 miles
Lot 6

5.32 miles
Lot 3

5.33 miles
Lot 4

5.33 miles
Lot 14

5.34 miles
Lot 13

5.38 miles
Lot 10

5.47 miles

Comfort Suites

4.51 miles
Hilton Garden Inn

5.09 miles
Econo Lodge

5.61 miles
Akron Steam and Sauna

5.63 miles
Red Roof Inn Akron South

5.70 miles
Quality Inn & Conference Center

5.79 miles
Fairfield Inn & Suites Akron South

5.94 miles
WoodSpring Suites Akron

5.96 miles
Super 8

5.98 miles
Hampton Inn Kent / Akron area

5.98 miles

Concessions

1.26 miles
Las Peñas

1.26 miles
McDonald's

1.41 miles
The Clay Oven

1.41 miles
Marco's Pizza

1.41 miles
Meal Ticket

1.44 miles
Roma Pizzeria

1.48 miles
Wildcat Cafe

1.48 miles
Hungry Howie's

1.50 miles
Subway

1.50 miles

Spring Hill Middle School

0.51 miles
Mogadore High School

1.22 miles
O H Somers Elementary School

1.27 miles
Springfield High School

1.45 miles
Suffield Elementary School

2.22 miles
Ritzman Elementary School

2.48 miles
S.U.P.E.R. Learning Center

2.55 miles
Ellet High School

2.58 miles
Hyre Junior High School

2.89 miles
Akron Christian School

3.31 miles

Childtime

2.64 miles
Childtime

4.46 miles
ACACUS

5.18 miles
Childscape

5.33 miles
Kids Country Day School

6.70 miles
The Goddard School

7.03 miles
Martial Arts Ohio Daycare

7.76 miles
Childtime

8.01 miles
Above & Beyond

8.10 miles
Paul H Jones Child Development Center

8.50 miles

Frequently Asked Questions

What is the lease rate for Portage Hills Park West?

Rental asking rate at Portage Hills Park West is $575,000.00/YR.

What is the total square footage of Portage Hills Park West?

Portage Hills Park West totals 16,488 square feet.

When was this property built?

Portage Hills Park West was built in 1989.

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