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3131 Executive Pkwy, Toledo, OH 43606

Well-maintained office suites with 78% occupancy and long-term tenants, offering multiple suite configurations for lease.

Property Size3,403 SF
Days on Market674

Property Features for 3131 Executive Pkwy

General Information

Standard status Active
Size 3,403 SF
Property subtype OFFICE
Occupancy 78%
Lease Type SF/yr

Additional Details

Space Use Office
Highway Access Yes

Amenities

prominent signage
Listing Agency: Reichle | Klein Group
Listed By: Chad Ulmer · License #SAL.2024003889
Source: Moodyscre
Added: Sep 26, 2024 Changed: Jul 30 Last Checked: Jul 30 at 10:44AM

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.

Professionally maintained office suites offered for lease in a well-kept, professionally managed property. The space is currently 78% occupied with long-term tenants in place, providing stability for an owner-occupant or tenant seeking established operations. Multiple configurations are available, with suite sizes up to 5,349 SF.

The property is centrally located within the Westgate area, less than one mile from an expressway interchange. Visibility is supported by prominent signage along Executive Parkway, helping the building stand out to prospective clients and customers.

Pro forma information is available to qualified prospects. The offering is positioned as an owner-occupant opportunity with income, supported by ongoing professional management through long-term ownership.

Key Highlights

  • 78% occupancy with long‑term tenants in place
  • Multiple suite configurations available up to 5,349 SF
  • Professionally maintained office suites for lease

Property Analytics

Current Use

Mahaffey & Associates LLC Law Firm Soul Searching Counseling Foster Care Service Divine Ivriy Alternative Medicine Practice AIDE FOR YOU, LLC Corporate Office Toledo Homecare Home Health Care Service

Suggested Use

Top Pick Building Supply Parking Lot & Garage HVAC Service Big Box & Wholesale Store Electrical Service Storage Facility

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

78%
Occupancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,690
Businesses Nearby

Demographics for 43606, OH

25,671
Population
11,700
Households
2.2
Avg Household Size
31
Median Age
42%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
3,949
Density / Sq Mi
$60,308
Median Household Income
$32,997
Median Earnings
$938
Median Rent
$165,600
Median Home Value

Market

Lease Benchmarks for Toledo, OH

$14.75 /SF/Yr
Avg Asking Price
$6.25–$23.75 /SF/Yr
Price Range
20,839 SF
Avg Space Size

This space is priced 1% above the average of $14.75 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Well-maintained office suites with 78% occupancy and long-term tenants, offering multiple suite configurations for lease.
Where is this office units located?
The property is located at 3131 Executive Pkwy Toledo, OH.
What is the lease rate?
The lease rate is $14.95 SF/Yr.
What are key features of this property?
This property features: 78% occupancy with long‑term tenants in place; Multiple suite configurations available up to 5,349 SF; Professionally maintained office suites for lease
(419) 794-3975 Call to check price and availability
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