Log In/Sign Up
Your email has been sent.
W.W. Williams | Absolute Net | 2% Increases 3325 Libbey Rd Rd 32,430 SF Industrial Building Perrysburg, OH 43551 $2,753,200 ($84.90/SF) 6.25% Cap Rate
Investment Highlights
- Corporate Lease with The W.W. Williams Company, LLC - One of the Largest Commercial Truck Repair Companies in the U.S.
- Tenant Acquired by Brightstar Capital Partners in 2025 - Large Private Equity Firm with Over $5B in Assets Under Management
- Longstanding Operation as a Truck Repair Facility - Established Market Presence with Limited Area Competition
- Long Term Absolute NNN Lease | Zero LL Responsibilities - Annual 2% Increases| 12 Years of Term Remaining
- High-Density Truck Corridor Drives Customer Demand - Adjacent to TA & Pilot Travel Centers along I-75 & the Ohio Turnpike
- Large 5.87-Acre Parcel | Ample Outdoor Storage - Accommodates Commercial Vehicle Staging, Parking, Service Operations
Executive Summary
This offering features a premier industrial property operating under a corporate lease with The W.W. Williams Company, LLC, one of the nation’s leading commercial truck repair organizations. The tenant’s commitment is supported by a long-term absolute NNN lease structure with zero landlord responsibilities, ensuring stable, predictable cash flow for investors. With twelve years of term remaining and annual 2% rent escalations, this asset offers attractive income growth for the long run.
The W.W. Williams Company was acquired in 2025 by Brightstar Capital Partners, a prominent private equity firm managing over $5 billion in assets. This financial backing reinforces the tenant’s market strength and ongoing performance. Positioned along a high-density truck corridor adjacent to TA and Pilot Travel Centers with direct access to I-75 and the Ohio Turnpike, this site benefits from robust transportation-related demand. The facility also offers a spacious 5.87-acre parcel designed to accommodate commercial vehicle parking, staging, and service operations. Nearby tenants include FedEx, Walgreens, Amazon, and First Solar, creating operational synergies in the region.
Strategically located within the Toledo, OH MSA—a major Midwest freight hub—the property allows one-day truck travel to Chicago, Detroit, Cleveland, Pittsburgh, and Columbus. Its proximity to key transportation nodes, including Toledo Executive Airport only four miles away, further supports sustained market utilization and investment stability.
The W.W. Williams Company was acquired in 2025 by Brightstar Capital Partners, a prominent private equity firm managing over $5 billion in assets. This financial backing reinforces the tenant’s market strength and ongoing performance. Positioned along a high-density truck corridor adjacent to TA and Pilot Travel Centers with direct access to I-75 and the Ohio Turnpike, this site benefits from robust transportation-related demand. The facility also offers a spacious 5.87-acre parcel designed to accommodate commercial vehicle parking, staging, and service operations. Nearby tenants include FedEx, Walgreens, Amazon, and First Solar, creating operational synergies in the region.
Strategically located within the Toledo, OH MSA—a major Midwest freight hub—the property allows one-day truck travel to Chicago, Detroit, Cleveland, Pittsburgh, and Columbus. Its proximity to key transportation nodes, including Toledo Executive Airport only four miles away, further supports sustained market utilization and investment stability.
Data Room Click Here to Access
Property Facts
| Price | $2,753,200 | Lot Size | 5.87 AC |
| Price Per SF | $84.90 | Rentable Building Area | 32,430 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.25% | Year Built | 1977 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 3.3/1,000 SF |
| Building Class | C |
| Price | $2,753,200 |
| Price Per SF | $84.90 |
| Sale Type | Investment NNN |
| Cap Rate | 6.25% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 5.87 AC |
| Rentable Building Area | 32,430 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Tenancy | Single |
| Parking Ratio | 3.3/1,000 SF |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | H28-712-340000031000 | Improvements Assessment | $555,520 |
| Land Assessment | $172,760 | Total Assessment | $728,280 |
Property Taxes
Parcel Number
H28-712-340000031000
Land Assessment
$172,760
Improvements Assessment
$555,520
Total Assessment
$728,280
Contacts
-
Rory Shelby -
Scott Gould -
Jacob Vandenburg -
Caitlin Lancaster -
Marcus & Millichap
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
