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Pepco (Sonepar) - Toledo, OH 501 Phillips Ave 24,378 SF Industrial Building Toledo, OH 43612 $2,400,000 ($98.45/SF) 9.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Desirable Credit Profile: Professional Electric Products Company (Pepco) is a Subsidiary and Affiliate Brand of the Parent Company, Sonepar USA
- Operational History: Pepco Has Been Operating Out of This Location Since 2001
- Desirable IOS Asset Class: The Excess Yard Space at This Location Allows For Industrial Outdoor Storage (IOS), Which is One of the Most Sought
- Complete Market Coverage: This is the Only Sonepar Branch in the Toledo and Perrysburg Market
- 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
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 24,378 SF Pepco (Sonepar) Facility Located at 501 Phillips Avenue in Toledo, OH. This is a Rare Opportunity to Acquire a Well-Located Single-Tenant Industrial Asset With a Best-in-Class Tenant at a High Yield. Pepco is Backed By Sonepar, an International Electrical Supply and Wholesaler With Over 490 Locations Located Throughout the United States.
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
PROPERTY FACTS
AMENITIES
- Bus Line
- Fenced Lot
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Pepco (Sonepar)
- Manufacturing
- 24,378 SF
- $9.35
- Double Net
- Mar 2027
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Pepco (Sonepar) | Manufacturing | 24,378 SF | $9.35 | Double Net | Mar 2027 |
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PROPERTY TAXES
| Parcel Number | 12-09926 | Improvements Assessment | $308,665 |
| Land Assessment | $54,635 | Total Assessment | $363,300 |
PROPERTY TAXES
Parcel Number
12-09926
Land Assessment
$54,635
Improvements Assessment
$308,665
Total Assessment
$363,300
CONTACTS
-
Stratton Greig -
Thomas Miller -
Will Beightol -
Austin Marsh -
Sands Investment Group Austin, LLC
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Pepco (Sonepar) - Toledo, OH | 501 Phillips Ave
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