St. George Professional Office Building
Listing was updated at: 04/09/2019
Property Overview
Price/Rent PSF $ 2,261,427.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 16,307
Date Available 04/09/2019
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Parking 97
Floors 1
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Description

Location
Located at the corner of Holland Road and Hickory Pointe Road in Arrowhead Business Park, Maumee, Ohio Close to I-475/US-23 and Ohio Turnpike (I-80/90).

Sale
16,307 SF (fully leased building)
All tenants recently committed to new five-year leases: Toledo Clinic / PCCS (Pulmonary & Critical Care Specialists); ProMedica / HCR Manorcare (Pharmacy Counter); and Toledo Sleep Disorders Center
Recent new improvements completed: Roof 2016; HVAC and mechanicals 2018 (two high-efficiency boiler systems); and LED lighting (whole building – interior and exterior)
Current in-place NOI (net operating income) approimately. $217,110
Upside potential – last remaining suite would add approx.. $40,000+/- to the NOI

Location