Medical For Sale • 2,400 SF
NATIONALLY RECOGNIZED TENANT – The tenant’s parent company company, Bon Secours Mercy Health, is a powerhouse in the healthcare industry. |
STRONG INVESTMENT-GRADE CREDIT – Rated “AA-” by Fitch Ratings, the tenant’s parent company, Bon Secours Mercy Health, brings a level of reliability. |
LONG-TERM NET LEASE – This property is secured by a long-term NNN lease with ±11 years remaining, requiring minimal landlord responsibilities. |
STEADY ANNUAL RENTAL GROWTH – With annual 2.5% rental increases, this investment offers consistent growth in cash flow. |
STRATEGIC LOCATION IN KEY MSA – Situated in the Toledo MSA, the fourth-largest city in Ohio, the property benefits from the area’s economic vitality. |
PRIME HARD CORNER LOCATION – Located on a signalized hard corner with excellent visibility and multiple access points, this site is tailor-made. |
Cap Rate: | 6.50 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Advantage Chiropractic | ||
Joseph A Lascala & Associates |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Toledo (Capitol Limited - Amtrak, Lake Shore Limited - Amtrak) | 16 min | - | 8.1 mi |
Airport | Drive | Walk | Distance |
Eugene F Kranz Toledo Express | 44 min | - | 25.5 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 28 |
Type: | Surface |
Included in Rent: | Yes |