3020 N McCord Rd - Medical FOR SALE


Toledo, OH 43615- Reynolds Corners
$3,218,479 USD
262-672-8388
3020 N McCord Rd, Toledo, OH for Sale
$3,218,479 USD
Medical - FOR SALE
1/4
null | 7.75% Cap Rate

3020 N McCord Rd
Toledo, OH 43615
Reynolds Corners


HIGHLIGHTS

  • Health System Tenancy: Nationwide Children’s Hospital (Fitch “AA” / Moody’s “Aa2”): Nationwide is one of the largest pediatric healthcare institutions
  • Healthy Weighted Average Lease Term (WALT): The property boasts a ±6.5 Year Weighted Average Lease Term (WALT)
  • Demographics: Situated in Sylvania Township, the property benefits from a population exceeding 326,000 within a 10-mile radius
  • Located outside Toledo city limits, tenants enjoy the absence of city income taxes, enhancing operational cost efficiency.

OVERVIEW

Matt Wallace License # REC.2022007141 (OH) Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550

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

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

-

APN/PARCEL ID

78-58911

ASK ABOUT THIS PROPERTY

Kyle MackulakMatthews Real Estate Investment ServicesMore Info
262-672-8388

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Kyle MackulakMatthews Real Estate Investment ServicesMore Info
262-672-8388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.