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111 S Byrne Rd
Toledo, OH 43615 Scott Park

$1,467,735 USD

Office For Sale  •  10,840 SF

Property Details

• Property Type Office
• Total Building Size 10,840 SF
• Lot Size 1.83 AC
• Building Class B
• Year Built 1973
• Tenancy Single
• Zoning CR

30 Transit Score

40 Walk Score

Highlights

Long-term net leased investment occupied by New Concepts (Philio, Inc), a well established nonprofit organization

Attractive 10.00% cap rate offering investors strong in-place cash flow backed by an established community-oriented tenant

Lease structure includes approximately 1.5% annual rent increases, providing consistent income growth throughout the remaining lease term and options

10,840-square-foot facility is strategically positioned along Byrne Road within a densely populated Toledo corridor

Surrounding market is supported by major regional employers and institutions including The University of Toledo, ProMedica, and Mercy Health

Amenities

• Reception
• Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
	9 min	-	5.0 mi
Airport	Drive	Walk	Distance
Eugene F Kranz Toledo Express	29 min	-	15.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	113
Type:	Surface
Included in Rent:	Yes