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Woodside 1745 Indian Wood Cir 42,000 SF 66% Leased Office Building Maumee, OH 43537 $2,100,000 ($50/SF) 9.60% Cap Rate



Executive Summary
Prime office suites in one of the finest office buildings in Arrowhead Business Park
Class A office building
Full common-area renovation completed spring 2020
Type Construction: Brick/steel
Type of Heat: Steam/Radiant/Forced Air
Air Conditioning: Yes
Basement: No
Sprinklers: Yes
Type of Floors: Concrete
Elevator: Yes
Number of Floors: Two
Lot Size: 3.25 acres
Zoning: CM
Full HVAC upgrade completed in spring of 2022
Class A office building
Full common-area renovation completed spring 2020
Type Construction: Brick/steel
Type of Heat: Steam/Radiant/Forced Air
Air Conditioning: Yes
Basement: No
Sprinklers: Yes
Type of Floors: Concrete
Elevator: Yes
Number of Floors: Two
Lot Size: 3.25 acres
Zoning: CM
Full HVAC upgrade completed in spring of 2022
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
42,000 SF
Building Class
B
Year Built
1988
Price
$2,100,000
Price Per SF
$50
Cap Rate
9.60%
NOI
$201,600
Percent Leased
66%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
21,000 SF
Slab To Slab
12’
Building FAR
0.28
Lot Size
3.50 AC
Zoning
C-M
Parking
162 Spaces (4.55 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 37-00701 | Improvements Assessment | $667,450 |
| Land Assessment | $81,060 | Total Assessment | $748,510 |
Property Taxes
Parcel Number
37-00701
Land Assessment
$81,060
Improvements Assessment
$667,450
Total Assessment
$748,510
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Woodside | 1745 Indian Wood Cir
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