5580 Monroe St | Sylvania, OH 43560
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- LoopNet Team
5580 Monroe St
Sylvania, OH 43560
Fully Occupied Office Along Key Route · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 5580 Monroe Street presents the market with the rare opportunity to acquire a 28,000-square-foot office along a crucial commercial corridor.
- Rare opportunity to acquire a fully leased cash-flowing office asset with a diverse roster of service-based tenants.
- Provides new ownership value-add upside to increase rental rates as the tenant roster rolls to increase rates to Toledo's rising market levels.
- Irreplaceable location along Monroe Street with immense frontage and a sizable roster of national big-box store tenants and endless restaurants.
- Interior spaces in the building have been recently renovated to provide tenants with Class A modernized amenities and build-outs.
PROPERTY FACTS
Property Type
Office
Building Size
28,160 SF
Building Class
B
Year Built
1987
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,080 SF
Building FAR
0.27
Lot Size
2.39 AC
Zoning
B-2 - Commercial
Parking
48 Spaces (1.7 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Restaurant
PROPERTY TAXES
| Parcel Number | 82-05107 | Improvements Assessment | $533,855 |
| Land Assessment | $61,530 | Total Assessment | $595,385 |
PROPERTY TAXES
Parcel Number
82-05107
Land Assessment
$61,530
Improvements Assessment
$533,855
Total Assessment
$595,385
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