Toledo, OH Property For Sale and Lease

Unfinished office space. Cab be finished to suit

Multiple entrances, reception/lobby, training room, conference room, storage, kitchen, 2 bathrooms, 9 offices.

PROPERTY HIGHLIGHTS

- Close proximity to Downtown Sylvania and Lourdes University

- Expressway access nearby

- Growing community

- High median household income

- All city utilities and high speed internet available

Built in 2019. Former Ophthalmology clinic and showroom with multiple entrances and windows on 3 sides. Prominent electronic signage along Central Avenue and on the building facade. Large waiting area, separate check in/check out, large clerical area for 4-6 employees; 8 exam rooms. Conference room, large break room, lab, 4 offices, storage, IT room and 4 bathrooms throughout.

Located in Sylvania Twp at Central Avenue/Central Park West Traffic signal; 1/4 miles west of I-475/US-23 Central Avenue exit.

Waiting and reception station/office

4 offices and conference room w/ wet bar.

Private restroom

1/2 mile from I-475

Convenient, yet quiet

Close to UT Campus in the revitalized Westgate near Franklin Park Mall

•Very well-maintained multi-tenant flex building in Sylvania Township.

•Landlord is remodeling suites, which includes 1 office and 2 restrooms, at the rear end of the building.

•No payroll taxes currently levied in Sylvania Township.

•Professional setting.

•Quick access to US-20 (Central Avenue) and within 3 miles of I-475/US-23 interchange.

Commercially zoned property built in 1907 could be suitable for an array of different uses including: retail, office or light industrial.

Sale is confidential. Please do not talk to employees or customers.

• Automotive garage for lease with 7 overhead doors. Could be used for any automotive use – oil changes, detailing, repairs, etc.

• Z-1 Auto Appearance store business is also available for $150,000. Equipment list available upon request.

•Corner lot

•Roof replaced – 10 years ago (per owner)

•Currently, building is used as a contractor’s shop/office.

•Paved lot in rear of building.

•Parts of sidewalk replaced in 2024.

•Less than a mile from Toledo Hospital.

•½ mile to I-475 on/off ramp.

PROPERTY HIGHLIGHTS

Recently renovated office space

High traffic counts

Nice Signage

Well lit parking lot

Competitive lease rates

Approximately 1 acre parking lot

• Over 700 sf of frontage on I-75.

• Building expandable to 100,000 sf ±.

Situated in historic heart of Toledo and located in an Opportunity Zone

Building is on the National Register of Historic Places - eligible for Ohio Historic Preservation Tax Credit Program

Connected to Port Lawrence Parking Garage and SeaGate Convention Centre

Half block to Fifth Third Field

Next to Huntington Center

Across N Superior Street from Commodore Perry Apartments

Office with conversion potential to mixed-use apartments

On-site, four-star Registry Bistro restaurant and bar

Join other tenants such as Toledo Opera

Current rent roll and financials available upon qualified request

- Professionally maintained office suites for lease.

- Multiple configurations up to 8,210 SF.

- Centrally located within the Westgate area, less than one mile from expressway interchange.

- Excellent exposure, prominent signage along Executive Parkway.

Professional Office Space located across the street from the Franklin Park Mall in West Toledo. Reception, 2 offices, storage room and kitchenette. Open area for a few cubicles or open space for meetings.

Lower level office suite available. Large open areas, kitchen with access to outside patio area.

Professionally managed industrial/flex complex conveniently located near GM Powertrain, Chrysler’s Toledo Assembly complex and other Toledo industrial.

Units range in size to accommodate various uses and expansion.

$5.50 psf for entire space, $6.00 psf if divided.

Three 10' x 10' dock high doors.

200amp.

Class A Office Suite in Sylvania Twp. with windows on 3 sides. 7 offices, conference room, reception area. Bullpen area for 6-8 cubicles. IT room. Kitchen. Free basement storage included.

Former cross dock building.

12,600 square foot crossdock

9,000 square foot drive through bay in main building with 14’ doors.

4,200 square foot truck maintenance building with 16’ doors.

Paint booth – 25’ x 16’

2 air compressors.

All dimensions taken from Lucas County Auditor's office.

• Bay 1 – 20’ x 54’ and Bay 2 – 20’ x 80’ (drive-thru). 5-ton crane with 13' underhook spans both bays for usage.

• 1st floor office areas are 16’ x 19’ and 16’ x 14’ with 2 restrooms.

• 2nd floor has a 13’ x 16’ office/mezzanine and kitchenette area with a restroom.

• Paved back lot area (50’ x 83’)

1st floor layout:

Lobby

4 offices

Storage area

Basement layout:

3 offices

Restroom

Storage area

A convenient lower exterior exit.

•Updated warehouse with new LED lighting and circuit breakers.

•Less than 1 mile to I-475/I-75 at Detroit Avenue.

•Great space with loading dock & overhead door.

Free conference room in building II -

available Monday-Friday (8 am to 5 pm).

Smoke free buildings.

Buckeye Cablevision & Buckeye Express Internet.

Landlord responsible for providing signage (subject to terms offered/negotiated).

Professionally managed.

Shared outdoor patio.

Operable windows.

Sylvania Township – no income tax currently levied.

•Within a 5-minute drive to downtown Toledo

•Less than 2 miles away from I-280/I-75 on/off ramp

•Undeveloped parcel with a proposed 11,000 sf (52’ x 212’) medical office building plan that has been reviewed and approved by the City of Toledo. The site plan is on file.

•Toledo Clinic is located directly across the street & Mercy Health – St. Anne Hospital is 0.3 miles from the property.

•Densely populated trade area with high traffic counts.

•Located within 0.6 miles of I-475.

•Formerly Whaley & Son Collision for over 44 years.

•Compressor airlines throughout (air compressors are available separately).

• Fenced, secure lot.

• Additional covered storage area

Property Breakdown:

2 Self-Storage buildings and1 Industrial building

Number of Units: 35 indoor & 30 outdoor units

Number of Floors: One story

Square Footage: Self-Storage Bldg. 1 – 3,775 sf

Self-Storage Bldg. 2 – 3,775 sf

Total – 7,550 sf

Industrial Bldg. – 4,000 sf

Year Built: 1996/1998

Renovation: 2024 – interior renovated (industrial building)

INVESTMENT HIGHLIGHTS

▪Single tenant NNN investment and self-storage units.

▪ Guarantor is publicly traded company. NASDAQ KCR

▪ Konecranes has been a tenant at this location since early 2000’s. Brand new 5-year lease with Konecranes executed 02/01/2024.

PROFORMA

NOI: $85,800 Cap Rate: 8.25%

Former Computer Store

Great retail exposure

Space Layout Includes:

Showroom, lobby, kitchenette, 2 private rooms, and a unisex restroom.