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Building 1 702 Commerce Dr

11,520 SF 100% Leased Office Building Perrysburg, OH 43551 £1,343,017 (£117/SF) 6.43% Net Initial Yield

Investment Highlights

  • Fully leased
  • Exceptional accessibility to 2 major expressways
  • Parking lot was resurfaced in 2022
  • Four out of five new leases have been signed or extended
  • Dynamic location, close to nearby popular shopping centers
  • New roof in 2020

Executive Summary

Newly listed office investment available for sale on Commerce Dr. adjacent to the bustling road of N. Dixie Hwy. Aside from it's convenient access to I-475 and I-75, this highly anticipated building is within minutes of 2 of the most popular shopping centers in the area. With an unbeatable location, unparalleled convenience, and a thriving community, your business is poised for success in this vibrant urban setting.

Attachments

Commerce Dr. 702 Office Sale Brochure

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
11,520 SF
Building Class
B
Year Built
2004
Price
£1,343,017
Price Per SF
£117
Net Initial Yield
6.43%
NOI
£86,345
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
11,520 SF
Building FAR
0.17
Land Acres
1.59 AC
Zoning
PBP - Planned Business Park
Parking
77 Spaces (6.68 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning
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702 Commerce Dr, Perrysburg, OH - aerial map view

PROPERTY TAXES

Parcel Numbers
Multiple
  • Q61-400-070305012001
  • Q61-400-070305012000
 Improvements Assessment £503,379
Land Assessment £79,862 Total Assessment £583,241

PROPERTY TAXES

Parcel Numbers
Multiple
  • Q61-400-070305012001
  • Q61-400-070305012000
Land Assessment
£79,862
Improvements Assessment
£503,379
Total Assessment
£583,241
(419) 960-4410 x323

  • Listing ID: 33273980

  • Date on Market: 23/09/2024

  • Last Updated:

  • Address: 702 Commerce Dr, Perrysburg, OH 43551

The Office Property at 702 Commerce Dr, Perrysburg, OH 43551 is currently available For Sale. Contact NAI Harmon Group for more information.

Office PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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© 2024 CoStar Group

Building 1 | 702 Commerce Dr
(419) 960-4410 x 323

Building 1 | 702 Commerce Dr

Joshua D Payzant

(419) 960-4410

x323

(419) 960-4410 x323

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