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3020 N McCord Rd
Toledo, OH 43615
JMS Medical Office Building | 100% Occupied · Office Property For Sale
Investment 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 is strategically located in Toledo’s affluent Sylvania Township, embedded in a healthcare ecosystem with numerous facilities.
- High medical build-out costs and established patient networks create strong barriers to relocation, anchoring tenants long-term.
- The property boasts a ±6.5 Year Weighted Average Lease Term (WALT), reflecting the durability of its income stream.
- Medical office tenants are prized for their reluctance to relocate, offering investors exceptional stability.
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
18,711 SF
Building Class
B
Year Built/Renovated
1994/2024
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,356 SF
Building FAR
0.27
Lot Size
1.58 AC
Zoning
20-C4 - Commercial
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Restaurant
- Security System
- Signage
- Wheelchair Accessible
- Accent Lighting
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 78-58911 | Improvements Assessment | $475,195 |
| Land Assessment | $194,005 | Total Assessment | $669,200 |
Property Taxes
Parcel Number
78-58911
Land Assessment
$194,005
Improvements Assessment
$475,195
Total Assessment
$669,200
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