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Office Warehouse

1333 Matzinger Road

1333 Matzinger Rd, Toledo, OH 43612

Listing Price: $1,900,000

Cap Rate
0.20%
Lot Size
3.96 acres
Year Built
1991
Rentable SF
41,600

Investment Overview

1333 Matzinger Road is a 41,600-square-foot industrial flex building on 3.96 acres located in the North Toledo sub-market. The property is currently occupied by one long-standing corporate tenant - Lamar Advertising - and 64 percent of the building will be vacant at closing. The first floor is 75 percent of the total rentable area - 34,000 - the remaining 9,600 square feet are on the second floor. This attractive building was built in 1991 and is located in an accessible and low-vacancy industrial sub-market.

Investment Highlights

  • 41,600-Square-Foot Multi-Tenant Industrial Flex Property
  • Near Major Manufacturers | Less than Two Miles Away from Chrysler Jeep Assembly Plant
  • Plenty of Parking with More than 85 Spaces | Recently Resealed Parking Lot in 2022
  • Nearly an Acre of Fenced Outdoor Storage - Split into Two Rentable Areas
  • The Property is Accessible by Three Driveways - One Executive Parking Area, One Concrete Loading Area, One Asphalt Parking and Loading Area
  • 22,400 Square Feet of the Building is a 21 Foot Clear Industrial Space, the Remaining Is Office - 9,600 Square Feet on First Floor, 9,600 Square Feet on Second Floor
  • The Property is Suitable for Investment or Use

Exclusively Listed By

Financing By

Office Warehouse

1333 Matzinger Road

Listing Price: $1,900,000

Cap Rate
0.20%
Lot Size
3.96 acres
Year Built
1991
Rentable SF
41,600

Investment Highlights

  • 41,600-Square-Foot Multi-Tenant Industrial Flex Property
  • Near Major Manufacturers | Less than Two Miles Away from Chrysler Jeep Assembly Plant
  • Plenty of Parking with More than 85 Spaces | Recently Resealed Parking Lot in 2022
  • Nearly an Acre of Fenced Outdoor Storage - Split into Two Rentable Areas
  • The Property is Accessible by Three Driveways - One Executive Parking Area, One Concrete Loading Area, One Asphalt Parking and Loading Area
  • 22,400 Square Feet of the Building is a 21 Foot Clear Industrial Space, the Remaining Is Office - 9,600 Square Feet on First Floor, 9,600 Square Feet on Second Floor
  • The Property is Suitable for Investment or Use

Investment Overview

1333 Matzinger Road is a 41,600-square-foot industrial flex building on 3.96 acres located in the North Toledo sub-market. The property is currently occupied by one long-standing corporate tenant - Lamar Advertising - and 64 percent of the building will be vacant at closing. The first floor is 75 percent of the total rentable area - 34,000 - the remaining 9,600 square feet are on the second floor. This attractive building was built in 1991 and is located in an accessible and low-vacancy industrial sub-market.

Exclusively Listed By

Financing By

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