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Building 2 7311 Crossleigh Ct 14,076 SF Office Building Toledo, OH 43617 $3,738,937 ($265.62/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Class A Morgan Stanley Office Building in a Highly Desirable Business Park
- Minimal Landlord Responsibilities- roof and structure
- Easy Access to I-475/US 23
- NNN Leased to Morgan Stanley (NYSE:MS), Investment Grade Tenant, Corporate Guarantee
- Professionally owned and managed since construction
- Business Park includes other firms including Wells Fargo, Baird, RBC, Plante Moran, Rehmann, and Erie Construction
EXECUTIVE SUMMARY
Class A Office Building in a Highly Desirable Business Park. Excellent Investment or User Opportunity.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Building Size
14,076 SF
Building Class
B
Year Built
2003
Price
$3,738,937
Price Per SF
$265.62
Cap Rate
8%
NOI
$299,115
Tenancy
Single
Building Height
1 Story
Typical Floor Size
14,076 SF
Building FAR
0.06
Lot Size
5.06 AC
Zoning
C-4 - Professional/Business Office District
Parking
98 Spaces (6.96 Spaces per 1,000 SF Leased)
AMENITIES
- Wheelchair Accessible
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PROPERTY TAXES
| Parcel Number | 79-73788 | Improvements Assessment | $181,825 |
| Land Assessment | $18,480 | Total Assessment | $200,305 |
PROPERTY TAXES
Parcel Number
79-73788
Land Assessment
$18,480
Improvements Assessment
$181,825
Total Assessment
$200,305
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Building 2 | 7311 Crossleigh Ct
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