7311 Crossleigh Court Toledo, OH 43617

This exceptional investment opportunity presents a 14,076 square-foot freestanding building in Toledo, Ohio, currently leased to Morgan Stanley under a Net Lease agreement. The lease, corporately guaranteed by Morgan Stanley, features minimal landlord responsibilities, encompassing only roof and structure maintenance. The lease term extends to April 2028, with three five-year renewal options at fair market value. The property benefits from its strategic location within a thriving business park, complemented by a strong tenant association where dues are reimbursed by the tenant. Operating expenses, subject to a 3.5% annual cap (excluding property taxes), and property taxes are also reimbursed by the tenant. The surrounding area boasts impressive demographics, with 105,267 residents and an average household income of $113,000 within a three-mile radius. The property enjoys convenient access to Interstate 475 (94,720 vehicles per day) and is situated near Central Avenue (32,715 vehicles per day), a major commercial artery featuring prominent national retailers such as Lowe's Home Improvement, Arby's, Take 5 Oil Change, Taco Bell, Meijer Pharmacy, Pet Supplies Plus, and Advance Auto Parts. This investment offers a compelling combination of a strong tenant, minimal landlord obligations, and a desirable location within a robust commercial environment. The property is situated in Toledo, Ohio, the fourth-most populous city in the state and a significant Midwest trade center.