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Flex Warehouse with Office
For Lease
$6.50 SF/Yr

1502 Monroe Street, Toledo, OH 43604

Functional 7,000 SF warehouse with a 2,000 SF office, 12' overhead door, and 10 parking spaces.

Space Size7,000 SF
Days on Market59

Property Features for 1502 Monroe Street

General Information

Standard status Active
Size 7,000 SF
Total Parking Spaces 10
Property subtype Industrial - Manufacturing

Additional Details

Highway Access Yes
Drive-In Doors 1

Building Details

Building Size 7,000 SF
Year Built 1917

Spaces For Lease

at 1502 Monroe Street Contact us

1502 Monroe St. $6.50/SF/Yr

Size
7,000 SF
Type
Industrial
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: NAI Harmon Group
Listed By: Kevin Carr · License ##SAL.2023005394
Source: Commercialcafe
Added: Jun 28 Changed: Aug 24 Last Checked: Aug 23 at 12:09PM

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 NAI Harmon Group

Investment Insights

Based on property information with market context.

This flex warehouse includes approximately 5,000 SF of warehouse space and approximately 2,000 SF of office space. The property features a 12' overhead door and provides 10 parking spaces for on-site staff and visitors.

Located in Toledo with great visibility on Monroe St., the property offers close proximity to Downtown Toledo. Access to I-75 north/southbound is available within about a half mile.

The existing configuration supports a practical mix of storage and office use, with space that can work for contractors, trades, equipment rental, service companies, and light manufacturing or automotive-related activity.

Key Highlights

  • 7,000 SF functional space with a 5,000 SF warehouse and 2,000 SF office
  • 12' overhead door for convenient loading and warehouse access
  • 10 on‑site parking spaces

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Acupuncture Locksmith Pet Grooming Service

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

1
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$0.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,099
Businesses Nearby
Under-served
Demand for This Use

Demographics for 43604, OH

9,248
Population
5,868
Households
1.6
Avg Household Size
35
Median Age
16%
College-Educated
79%
High-School Grad
2.8 sq mi
ZIP Area
3,303
Density / Sq Mi
$18,980
Median Household Income
$27,457
Median Earnings
$499
Median Rent
$59,300
Median Home Value

Market

Lease Benchmarks for Toledo, OH

$6.2 /SF/Yr
Avg Asking Price
$5.25–$6.75 /SF/Yr
Price Range
16,945 SF
Avg Space Size

This space is priced 5% above the average of $6.2 /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
Questions? Ask Rey
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Similar Off Market Nearby

  • Cork & Knife Provisions 224 S Erie St, Toledo, OH 43604

Frequently Asked Questions

What type of property is this?
Flex space - Functional 7,000 SF warehouse with a 2,000 SF office, 12' overhead door, and 10 parking spaces.
Where is this flex space located?
The property is located at 1502 Monroe Street Toledo, OH.
What is the lease rate?
The lease rate is $6.50 SF/Yr.
What are key features of this property?
This property features: 7,000 SF functional space with a 5,000 SF warehouse and 2,000 SF office; 12' overhead door for convenient loading and warehouse access; 10 on‑site parking spaces
More about this property
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