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JMS Medical Office Building 3020 N McCord Rd 18,711 SF 100% Leased Office Building Toledo, OH 43615 $4,492,739 CAD ($240.11 CAD/SF) 7.75% Cap Rate

Medical Offices Ohio Toledo 3020 N McCord Rd, Toledo, OH 43615

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INVESTMENT HIGHLIGHTS

  • Health System Tenancy: Nationwide Children’s Hospital (Fitch “AA” / Moody’s “Aa2”): Nationwide is one of the largest pediatric healthcare institutions
  • Demographics: Situated in Sylvania Township, the property benefits from a population exceeding 326,000 within a 10-mile radius
  • Healthy Weighted Average Lease Term (WALT): The property boasts a ±6.5 Year Weighted Average Lease Term (WALT)
  • Located outside Toledo city limits, tenants enjoy the absence of city income taxes, enhancing operational cost efficiency.

EXECUTIVE SUMMARY

Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
18,711 SF
Building Class
B
Year Built/Renovated
1994/2024
Price
$4,492,739 CAD
Price Per SF
$240.11 CAD
Cap Rate
7.75%
NOI
$348,187 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,356 SF
Building FAR
0.27
Lot Size
1.58 AC

AMENITIES

  • 24 Hour Access
  • Banking
  • Bus Line
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Accent Lighting
  • Monument Signage
  • Air Conditioning

LINKS

1 1

PROPERTY TAXES

Parcel Number 78-58911 Improvements Assessment $663,334 CAD
Land Assessment $270,815 CAD Total Assessment $934,150 CAD

PROPERTY TAXES

Parcel Number
78-58911
Land Assessment
$270,815 CAD
Improvements Assessment
$663,334 CAD
Total Assessment
$934,150 CAD
(262) 672-8388

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38673421

  • Date on Market: 2025-12-05

  • Last Updated:

  • Address: 3020 N McCord Rd, Toledo, OH 43615

The Reynolds Corners Office Property at 3020 N McCord Rd, Toledo, OH 43615 is currently available. Contact Matthews Real Estate Investment Services for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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JMS Medical Office Building | 3020 N McCord Rd
(262) 672-8388 x

JMS Medical Office Building | 3020 N McCord Rd

Kyle Mackulak
(262) 672-8388

Tyler Swade
(630) 854-9717

Michael Moreno
(949) 432-4511

Rahul Chhajed
(818) 434-1106

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