Listed by Signature Associates, Signature Associates Toledo
$2,400,000
Aspen grove village
Details
APN 02-030-134-20; 02-030-134-10
Property Type Office, Mixed Use
Sub Type Medical Office, Professional Office
Square Footage 18,426
NOI $176,194
Tenancy Multi
Lease Type NNN
Lease Term 5
Year Built 2004
Buildings 3
Stories 2
Acreage 4.840
Zoning PBO C-1
Parking Spaces 117 spaces
Parking Per SqFt 6.35
Investment Type Owner/User
Office | 18,426 SqFt
Marketing description
Upscale office buildings near Kroger
Marketplace with optimal uses for both
medical and professional tenants.
Investment highlights
- Sale Price: $2,400,000
- Lease Rate: $10.25 PSF NNN
- Space Available: 1,132 SF – 7555 Secor Ste.7559
- Building Size: 18,426 SF (2 buildings)
- Number of Stories: 1-2
- Year Constructed: 2004
- Condition: Excellent
- Lot Dimensions: Irregular
- Acreage: 2 parcels total – 4.84 AC
- Closest Cross Street: Sterns Road
- County: Monroe
- Zoning: PBO C-1
- Parking: 117 spaces in common
- Curb Cuts: (2) Two
- Street: 4 lane, 2 way
- Ceiling Height: 9’ – 10’
- Power: Multiple 200 – 300-amp panels
- Quality national and regional tenants with solid credit.
- Optimal medical/professional uses.
- Upscale office buildings near Kroger Marketplace.
- Buildings professionally managed and maintained.
- Total operating income and expenses statement (12 months) available upon signing of a confidentiality agreement.
Listing Contacts
Listed by Signature Associates, Signature Associates Toledo
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$176,194.00
$14,682.83/mo
Valuation Metrics
0
DSCR
7.34%
Cap Rate
7.34%
ROI
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