5580 Monroe

5580 Monroe, Sylvania, OH

$2,616,000

Price

8%

Cap Rate

$209,298

NOI

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Street
Map
Overview
Cap Rate
8%
NOI
$209,298
Building Size
30,596 sqft
Lot Area
2.39 acres
Occupancy
100%
Class
B
Year Built
1987
Floors
2
Description

Well Located Office Building with Class A Finishes! 5580 Monroe Street is a 30,596 Square Foot Office Building that is 100% Occupied by a mix of service based office users including attorneys, developers, and an Accounting firm occupying 45% of the building. All tenants have renewed multiple times, including a large investment in their own space by GBQ.

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Highlights
  • Multi-Tenant Office Building | Fully Occupied | Minimal Landlord Responsibilities
  • Located on Monroe Street with Over 24,000 VPD reported | Plenty of Parking on Surface Lot with Curb Cut
  • Directly located in the main Thuroughfare of Toledo, OH with all major retailers, restaurants, and attractions in the immediate area
  • Well maintained property with large parking area and recently renovated interior spaces
  • 5 Mile Population Exceeds 160,000 Residents
  • Located only 10 Minutes From Downtown Toledo
Location
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