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JMS Medical Office Building 3020 N McCord Rd 18,711 SF 100% Leased Office Building Toledo, OH 43615 $3,218,479 ($172.01/SF) 7.75% Cap Rate

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INVESTMENT HIGHLIGHTS

Health System Tenancy: Nationwide Children’s Hospital (Fitch “AA” / Moody’s “Aa2”): Nationwide is one of the largest pediatric healthcare institutions
Demographics: Situated in Sylvania Township, the property benefits from a population exceeding 326,000 within a 10-mile radius

Healthy Weighted Average Lease Term (WALT): The property boasts a ±6.5 Year Weighted Average Lease Term (WALT)
Located outside Toledo city limits, tenants enjoy the absence of city income taxes, enhancing operational cost efficiency.

EXECUTIVE SUMMARY

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

PROPERTY FACTS

Sale Type

Investment

Property Type

Office

Property Subtype

Medical

Building Size

18,711 SF

Building Class

Year Built/Renovated

1994/2024

Price

$3,218,479

Price Per SF

$172.01

Cap Rate

7.75%

NOI

$249,432

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

9,356 SF

Building FAR

0.27

Lot Size

1.58 AC

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

(262) 672-8388

CONTACTS

Kyle Mackulak
Tyler Swade
Michael Moreno
Rahul Chhajed
Matthews Real Estate Investment Services

Listing ID: 38673421
Date on Market: 12/5/2025
Last Updated:
Address: 3020 N McCord Rd, Toledo, OH 43615

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3020 N McCord Rd, Toledo, OH for sale Building Photo- Image 1 of 5 — LoopNet-hero (5)_loopnet(with logo)

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