3020 N McCord Rd
Toledo, OH 43615
Reynolds Corners
HIGHLIGHTS
- Nationwide Children’s Hospital (Fitch “AA” / Moody’s “Aa2”): Nationwide is one of the largest pediatric healthcare institutions in the United States
- The property boasts a ±6.5 Year Weighted Average Lease Term (WALT), reflecting the durability of its income stream
- The property is strategically located in Toledo’s affluent Sylvania Township, embedded in a healthcare ecosystem with numerous facilities
- Medical office tenants are prized for their reluctance to relocate, offering investors exceptional stability
- High medical build-out costs and established patient networks create strong barriers to relocation, anchoring tenants long-term
FOR SALE DETAILS
PRICE
$3,218,479 USD
PRICE/SF
$153 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
JMS Medical Office Building
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
86
LAND DETAILS
LAND ACRES
1.8 AC
LAND SF
78,408 SF
ZONING
C-4
APN/PARCEL ID
78-58911
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
262-672-8388
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
262-672-8388
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
