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Lavoy Building

Property Overview

Price/Rent PSF $ 1,290,000.00
Asset Type Office
Trade Type Sale & Lease
SQ. FT. Available 25,088
Date Available 06/26/2019
Additional URL Link
Parking 79
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Description

Location
Building located in southwest Toledo adjacent to large redevelopment site. Easy access to I-475/US-23 and Ohio Turnpike (I-80/90). 1.475 acres including 79 parking spaces with covered drive-thru at main entrance to building.

Sale
True 10% cap with $128,000 NOI and vacancy upside
Convenient location with quick access to Ohio Turnpike (I-80/90) and I-475/US-23
TARTA bus stop in front of building
Well-maintained building and grounds
Modified Gross Rent - tenant pays for suite janitorial
Year Built/Ren. - 1973/2006-7
Other Tenants - Ohio Rehabilitation Services and Capabilities, Inc.

Lease
Convenient location with quick access to Ohio Turnpike (I-80/90) and I-475/US-23
TARTA bus stop in front of building
Well-maintained building and grounds
Modified Gross Rent - Tenant pays for suite janitorial
Year Built/Ren. - 1973/2006-7
Other Tenants - Ohio Rehabilitation Services and Capabilities, Inc.

Location

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