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Absolute NNN Industrial Flex Building
For Sale
$2,499,000

1917 N 12th St, Toledo, OH 43604

Absolute NNN offering with more than nine years remaining on the primary lease, plus an existing partial sublease.

Property Size46,742 SF
Price / SF$53.46
Days on Market513

Property Features for 1917 N 12th St

General Information

Standard status Active
Size 46,742 SF
Total Parking Spaces 30
Property subtype Industrial, Investment
Zoning IP

Building Details

Building Size 46,742 SF
Year Built 1912
Buildings 1
Stories 1
Listing Agency: Signature Associates - Toledo
Listed By: Zachary Liber
Source: Cpix.resimplifi
Added: Apr 11, 2025 Changed: Sep 2 Last Checked: Sep 4 at 2:12AM

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 Signature Associates - Toledo

Investment Insights

Based on property information with market context.

This absolute NNN industrial flex building is offered for sale at 1917 N 12th St, Toledo, OH 43604. The property’s current lease includes more than nine years remaining for Verdantes. In addition, TTL Engineering Services subleases a portion of the building, creating two occupancy arrangements under the overall leasing structure.

The site is located next door to the brand new Lucas County jail site. Assumable financing is available at 3.95%, subject to lender approval and applicable terms.

Key Highlights

  • Absolute NNN lease property
  • More than 9 years remaining on the current primary lease
  • TTL Engineering Services subleases a portion of the building

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Parts Store Skin Care Clinic Auto Repair Shop Spa & Massage Center

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

2,639
Businesses Nearby

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

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?
NNN property - Absolute NNN offering with more than nine years remaining on the primary lease, plus an existing partial sublease.
Where is this nnn property located?
The property is located at 1917 N 12th St Toledo, OH.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: Absolute NNN lease property; More than 9 years remaining on the current primary lease; TTL Engineering Services subleases a portion of the building
More about this property
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