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Building 2 7311 Crossleigh Ct 14,076 SF Office Building Toledo, OH 43617 $5,111,501 CAD ($363.14 CAD/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
$5,111,501 CAD
Price Per SF
$363.14 CAD
Cap Rate
8%
NOI
$408,920 CAD
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
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 79-73788 | Improvements Assessment | $252,339 CAD |
| Land Assessment | $25,647 CAD | Total Assessment | $277,985 CAD |
Property Taxes
Parcel Number
79-73788
Land Assessment
$25,647 CAD
Improvements Assessment
$252,339 CAD
Total Assessment
$277,985 CAD
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Building 2 | 7311 Crossleigh Ct
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