100% LEASED OFFICE BUILDING FOR SALE 450 GRANT STREET AKRON, OHIO ADJACENT TO UNIVERSITY OF AKRON

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1 OFFICE BUILDING FOR SALE 450 GRANT STREET AKRON, OHIO ADJACENT TO UNIVERSITY OF AKRON 100% LEASED Property Highlights 2-Floor Professional Office Building adjacent to University of Akron and downtown Akron. Amenities include high ceiling atrium lobby, conference rm, lunch rm, shared rest rms, storage in-building, entries at 1st and 2nd Flrs. Work Pop Daytime Pop 1 Mile 37,493 45,448 Grant Street East Exchange Street 100% LEASED 9.3% CAP RATE STABLE TENANCY 2011 Estimated DEMOGRAPHICS TRAFFIC COUNT 3 Mile 84, ,708 6,360 cars/day 20,750 cars/day 5 Mile 135, ,678 Outstanding quality of interior space with vaulted ceilings clear story windows, sky lights. Surface parking. Excellent access to main Akron traffic corridors, restaurants, downtown Akron, adjacent to Innovation Campus and U. of A. Safe well light exterior. 29,186 SF bldg, 2 levels, 2.29 acre site overlooking downtown Akron. Beautiful landscape. Building is well maintained, up-to-date building systems, and has a building security system. Existing tenant is a well know professional civil and environmental engineering firm. Contact: Terry Hanson THanson@Triad-Group.com

2 OFFICE BUILDING FOR SALE AKRON, OHIO 450 Grant Street ADJACENT TO UNIVERSITY OF AKRON & CENTRAL BUSINESS DISTRICT Interior Spaces Atrium Lobby 2 Floor Professional Office Building adjacent to University of Akron and downtown Akron. Amenities include high ceiling atrium lobby, conference rm, lunch rm, shared rest rms, storage in-building, entries at 1st and 2nd Flrs. Outstanding quality of interior space with vaulted ceilings clear story windows, sky lights. Shared Conference Room Contact: Terry Hanson THanson@Triad-Group.com

3 130 Miller Road, Suite 101, Fairlawn, OH (m) (f) Office Building For Sale The Grantview Building 450 Grant Street, Akron, Ohio

4 Building is available for purchase: Building Size: 28,468 GSF Site: 2.29 Acres Year Built: 1973 Year Total Redevelopment/ Renovation and Expansion: 1995 Parking: 81 Spaces Frontage on Grant Street: Feet Restrooms: Men s and Women s each floor Elevators: Not installed/designed Sale Price: $1,250, Cap Rate: 9.3% Price/SF: $43.91 Leasing - Office Space Available: Upper Level: 0 NSF Lower Level: 0 NSF Lower Level Storage Space: 1,583 square feet Lease Type: Modified Gross Lease Term: Negotiable Leasehold Improvements: Negotiable Common Area Maintenance Charge: Yes Approximately $4.80 per square foot annualized over previous four years. Utilities cost approximately $1.40 per square foot included in above. Investment Property For Purchase: No available square footage of unleased space. Occupancy: 100% Current Tenants: Environmental Design Group CTL Engineering The Triad Group TTR Structural Engineering

5 Property Description Location: 450 Grant Street, Akron, OH The property is strategically located adjacent to the University of Akron at its southwest boundary, and within the University Park Alliance and downtown Akron footprint. The property has outstanding access with Grant Street having direct access from I-76 to the south, and East Exchange Street two blocks to the north, which is one of the two main east-west 4-lane streets that intersect the heart of downtown Akron.

6 Site Features: With 81 parking spaces the property has ample surface parking at both the east facing main building entrance and the west secondary entrance. Monument signage is located at the entry of the building. The 2.29 acre site and the configuration of the existing building will easily accommodate a building expansion. The building is one block from The University of Akron campus, immediately adjacent to the Summit County Board of Elections and across Grant Street from newly renovated, privately owned and market rate apartment housing. Building Features: A 2-story glass and masonry office building on a sloping site gives ground level entry at both the lower level and upper level of the building.

7 High ceiling 2-story atrium with clerestory natural light and modern appointments. Significant natural light in the building by extensive use of high-efficiency glass windows. Shared building staff area with kitchenette. Suites with private office configurations and suites with open floor plans. Leasible space available with high open ceilings and clerestory natural light. Building features large expanses of tinted glass with 360 degree views of urban Akron. In-building storage available. Building and interior spaces are designed by Gold Medal Architect Merle Myers Building Systems: HVAC and zoning Cable: TI, fiberoptics? Fire Alarm Security System Highest and Best Use: Professional Office Medical Office and Outpatient Services R&D Office High Tech Office IT Creative Services: Marketing, Internet, Programming Human Resource Management Telemarketing Availability: Immediate

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