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Modern Speculative Warehouse
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401 New Towne Square Dr, Toledo, OH 43612

Speculative warehouse delivering Q2 2024 with Q4 2024 access and convenient I-75 connectivity.

Space Size284,000 SF
Days on Market718

Property Features for 401 New Towne Square Dr

General Information

Standard status Active
Size 284,000 SF
Net Rentable 284,000 SF
Property subtype INDUSTRIAL

Space & Availability

Available Space 284,000 SF
Contiguous Space 284,000 SF
Space Use Warehouse

Additional Details

Highway Access Yes

Building Details

Building Size 284,000 SF

Spaces For Lease

at 401 New Towne Square Dr Contact us

Building 2

Floor
Bldg
Size
284,000 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Delivery is Q2 2024 Access Q4 2024 - Building 2: 284,000 SF - Highly experienced...
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Listing Agency: Reichle | Klein Group
Listed By: Jerry Malek, CCIM, SIOR
Source: Moodyscre
Added: Sep 26, 2024 Changed: Sep 2 Last Checked: Sep 13 at 11:32AM

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 Reichle | Klein Group

Investment Insights

Based on property information with market context.

A modern speculative warehouse offering with Building 2 totaling 284,000 SF. Delivery is scheduled for Q2 2024, with Q4 2024 access.

The project is designed with extensive existing infrastructure to support operations and routing, including multiple routes and traffic lights for the overall site plan. The location also provides convenient access to I-75, supporting regional distribution.

This site is described as an ideal location for suppliers to automotive manufacturers, aligning the property’s access and logistics setup with the needs of that industrial customer base.

Key Highlights

  • Building 2 totals 284,000 SF
  • Delivery scheduled for Q2 2024
  • Q4 2024 access

Property Analytics

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Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Dental Office Parking Lot & Garage Pharmacy

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

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby
Well-served
Demand for This Use

Demographics for 43612, OH

29,718
Population
13,409
Households
2.2
Avg Household Size
35
Median Age
13%
College-Educated
90%
High-School Grad
11.5 sq mi
ZIP Area
2,584
Density / Sq Mi
$50,484
Median Household Income
$33,770
Median Earnings
$976
Median Rent
$89,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Toledo, OH

$6.49 /SF/Yr
Avg Asking Price
$5.25–$8.95 /SF/Yr
Price Range
78,673 SF
Avg Space Size

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Speculative warehouse delivering Q2 2024 with Q4 2024 access and convenient I-75 connectivity.
Where is this warehouse located?
The property is located at 401 New Towne Square Dr Toledo, OH.
What are key features of this property?
This property features: Building 2 totals 284,000 SF; Delivery scheduled for Q2 2024; Q4 2024 access
(419) 283-2313 Call to check price and availability
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