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Medical Office Portfolio with NNN Lease
For Sale
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5150 N Summit St, Toledo, OH 43611

NNN medical office portfolio offered for sale with annual lease increases and a weighted-average term over 15 years.

Property SizeContact for details
Days on Market143

Property Features for 5150 N Summit St

General Information

Standard status Active
Property subtype Office
Listing Agency: Cedar One Realty
Listed By: Joseph Luckino · License #OH 2015003760
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 7:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cedar One Realty

Investment Insights

Based on property information with market context.

This for-sale offering presents a medical office portfolio with a triple-net (NNN) lease structure, annual increases, and a portfolio weighted average lease term greater than 15 years. The portfolio is comprised of four Ohio-based properties, including one property currently under full renovation.

The listing is associated with a Toledo, Ohio medical office location at 5150 N Summit St, Toledo, OH 43611. The tenant, PT Link Physical Therapy, operates 21 locations across three states.

Key Highlights

  • Triple‑net (NNN) medical real estate portfolio with annual lease increases
  • Portfolio weighted‑average lease term greater than 15 years
  • Portfolio includes four Ohio‑based properties

Property Analytics

Current Use

Citizens Bank Bank PT Link Physical ... Physician Citizens ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Dental Office Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby

Demographics for 43611, OH

18,505
Population
8,854
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
2,535
Density / Sq Mi
$58,135
Median Household Income
$36,185
Median Earnings
$832
Median Rent
$117,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - NNN medical office portfolio offered for sale with annual lease increases and a weighted-average term over 15 years.
Where is this nnn property located?
The property is located at 5150 N Summit St Toledo, OH.
What are key features of this property?
This property features: Triple‑net (NNN) medical real estate portfolio with annual lease increases; Portfolio weighted‑average lease term greater than 15 years; Portfolio includes four Ohio‑based properties
(740) 632-9111 Call to check price and availability
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