Move-In-Ready Office Building Corner
28370 Kensington Ln Perrysburg, OH 43551
For Sale
$675,000
Well-maintained office space with a flexible layout and basement area, positioned for convenient interstate access.
Property Size3,103 SF
Price / SF$217.53
Days on Market99
Property Features for 28370 Kensington Ln
General Information
Standard status
Active
Size
3,103 SF
Property subtype
Office
Building Details
Year Built
2011
Listing Agency:
Signature Associates - Toledo
(419) 215-1008
Listed By:
Megan Malczewski
(419) 215-1008
Source:
Cpix.resimplifi
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 28 at 3:30PM
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 professionally managed office building offers move-in-ready space with a flexible layout designed to support a variety of professional uses. The property is described as well-maintained with attractive curb appeal, and it includes a total building area of 9,004 square feet with a 4,412 square foot basement.
The building is located at the prominent corner of Kensington, Simmons and St. Rt. 795 in Perrysburg Township. Access is convenient to I-75, I-475, and the Greater Toledo market, and the remarks note the property is at the I-75 interchange, with about 0.5 miles to I-80/90.
For tenants or buyers seeking an office setting with existing space and a basement for additional storage or support uses, this property provides a ready-to-occupy option. Its maintained exterior presentation and corner location can support everyday client and staff access while keeping the building positioned within the Perrysburg market described in the remarks.
The building is located at the prominent corner of Kensington, Simmons and St. Rt. 795 in Perrysburg Township. Access is convenient to I-75, I-475, and the Greater Toledo market, and the remarks note the property is at the I-75 interchange, with about 0.5 miles to I-80/90.
For tenants or buyers seeking an office setting with existing space and a basement for additional storage or support uses, this property provides a ready-to-occupy option. Its maintained exterior presentation and corner location can support everyday client and staff access while keeping the building positioned within the Perrysburg market described in the remarks.
Key Highlights
- Office building built in 2011 in Perrysburg Township
- Move‑in ready office space with a flexible layout for various professional uses
- Total building size is 9,004 SF, including a 4,412 SF basement
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.9k | $18.00 |
| − Vacancy | −$10.1k | −$3.24 |
| EGI | $45.8k | $14.76 |
| − OpEx | −$11.5k | −$3.69 |
| NOI | $34.4k | $11.07 |
3,103 SF · lease $18.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$490.7K
$429.4K – $572.5K
NOI $34,350 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$722.8K
$632.4K – $843.2K
NOI $50,593 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office space with a flexible layout and basement area, positioned for convenient interstate access.
Where is this office building located?
The property is located at 28370 Kensington Ln Perrysburg, OH.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Office building built in 2011 in Perrysburg Township; Move‑in ready office space with a flexible layout for various professional uses; Total building size is 9,004 SF, including a 4,412 SF basement
