Nantuckett Professional Plaza
100% Leased Medical Office Investment | 7.9-Year WALT | Long-Term Healthcare Tenancy
Marketing description
Nantuckett Professional Plaza is a well-maintained Class A medical office building strategically positioned within one of Toledo’s most established healthcare and professional office corridors. Constructed between 2003 and 2014, the property consists of approximately 20,371 square feet on 2.72 acres with ample parking and approximately 92% of the building dedicated to medical office use.
The tenant mix is comprised primarily of healthcare providers whose specialized build-outs, referral-based practices and significant investment in their spaces contribute to exceptionally strong tenant retention. Ownership has made substantial capital investments throughout the property, including installation of a new roof in 2026, tenant improvements, parking lot maintenance, landscaping upgrades and ongoing mechanical improvements.
The property’s location offers immediate access to major regional highways while serving affluent residential neighborhoods throughout northwest Toledo and Sylvania. Within minutes are Toledo Hospital, Mercy Health–St. Anne Hospital, Flower Hospital, The Toledo Clinic, Franklin Park Mall, numerous hotels, restaurants and retail amenities, making the location highly desirable for healthcare providers and patients alike.
With long-term leases, stable occupancy, diversified tenancy and strong healthcare fundamentals, Nantuckett Professional Plaza represents a rare opportunity to acquire a high-quality medical office investment with durable cash flow and excellent long-term value preservation.
Investment highlights
Equity Mill Real Estate is pleased to exclusively offer Nantuckett Professional Plaza, a premier multi-tenant medical office investment located in one of Toledo’s most established healthcare corridors. The 20,371-square-foot property is 100% occupied by four established medical and professional tenants and provides investors with durable contractual income supported by an approximately 7.9-year weighted average lease term. Only approximately 9.6% of the building’s rentable area expires before 2030, providing exceptional income stability and minimizing leasing risk.
The property is anchored by Harbor Light Oral & Maxillofacial Surgeons, a long-established specialty practice occupying approximately 57% of the building under a recently executed 10-year triple-net lease extending through 2036. Additional tenants include The Toledo Clinic, Dental365, and Edward Jones, creating a diversified rent roll with limited near-term rollover exposure.
Originally developed in 2004 and continually maintained, the property has benefited from significant ownership investment, including a new roof completed in 2026 and ongoing capital improvements designed to reduce future ownership costs. Approximately 92% of the building is configured as medical office space, creating substantial replacement value and high tenant retention characteristics.
Located adjacent to the Franklin Park retail corridor and within minutes of Toledo Hospital, Mercy Health–St. Anne Hospital, Flower Hospital, and numerous healthcare providers, Nantuckett Professional Plaza occupies one of Northwest Ohio’s strongest suburban medical office locations.
This offering presents investors with an opportunity to acquire an institutional-quality medical office asset featuring long-term leases, stable healthcare tenancy, predictable income, and limited leasing risk.
Property Highlights
Investment Highlights
• Asking Price: $5,975,000
• 20,371 SF Class A Medical/Professional Office Building
• 100% Leased
• Four Medical & Professional Tenants
• Approximately 7.9-Year Weighted Average Lease Term (WALT)
• Harbor Light Oral & Maxillofacial Surgeons occupies 57% of the building under a new 10-year NNN lease through 2036
• Diverse tenant roster including Harbor Light Oral & Maxillofacial Surgeons, The Toledo Clinic, Dental365 and Edward Jones
• Limited near-term lease rollover with only approximately 10% of rentable area expiring prior to 2030
• Combination of NNN and expense-protected leases designed to mitigate inflationary operating costs
• Recent capital improvements including a new roof (2026)
• Approximately 110 parking spaces situated on 2.72 acres
• Excellent visibility and access within Toledo’s premier suburban medical corridor
• Minutes from Toledo Hospital, Mercy Health–St. Anne Hospital, Flower Hospital and the Franklin Park retail district
• Ideal opportunity for private investors, family offices and 1031 exchange buyers seeking stable long-term income.
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