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501 Phillips Ave
Toledo, OH 43612 Five Points

$2,400,000 USD

Manufacturing For Sale  •  24,378 SF

Property Details

• Property Type Manufacturing
• Total Building Size 24,378 SF
• Lot Size 2.5 AC
• Building Class C
• Year Built 1965
• Cap Rate 9.50 %
• Tenancy Single
• Zoning I-42

0 Transit Score

64 Walk Score

Highlights

Desirable Credit Profile: Professional Electric Products Company (Pepco) is a Subsidiary and Affiliate Brand of the Parent Company, Sonepar USA

Complete Market Coverage: This is the Only Sonepar Branch in the Toledo and Perrysburg Market

Operational History: Pepco Has Been Operating Out of This Location Since 2001

Highly Accessible Site: This Property Provides Easy Access to Both U.S. Route 24 and I-75, Making This Site Easily Accessible to the Entire Toledo

Desirable IOS Asset Class: The Excess Yard Space at This Location Allows For Industrial Outdoor Storage (IOS), Which is One of the Most Sought

Cap Rate:

9.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Pepco (Sonepar)	24,378 SF	3/31/2027

Amenities

• Bus Line
• Fenced Lot
• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
	9 min	-	4.7 mi
Airport	Drive	Walk	Distance
Eugene F Kranz Toledo Express	38 min	-	22.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	64
Type:	Surface
Included in Rent:	Yes