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Medical Office Building
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6855 Spring Valley Drive, Holland, OH 43528

Masonry office facility with medical tenants, recent roof, paving, HVAC, and interior and exterior renovations.

Property SizeContact for details
Days on Market10

Property Features for 6855 Spring Valley Drive

General Information

Standard status Active
Property subtype Office
Listing Agency: Marcus & Millichap - Cleveland
Listed By: Michael Glass · License #WVB260301219
Source: Crexi
Added: Sep 14 Changed: Sep 19 Last Checked: Sep 22 at 5:34PM

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 Marcus & Millichap - Cleveland

Investment Insights

Based on property information with market context.

This fee-simple office property in Holland, Ohio, contains a 24,488-square-foot masonry building completed in 1989 on approximately 2 acres. The facility operates under a gross lease structure and is 90 percent occupied by Mercy Health, ProMedica, the Toledo Clinic, Total Care Connect, and local medical practices. More than 60 percent of the rentable building area is leased to large health systems.

Property improvements include a new roof, repaved parking lot, extensive HVAC replacement, and additional interior and exterior renovations. The building fronts Airport Highway, which records more than 20,400 vehicles per day, and is situated in the Southwest Toledo submarket. The submarket vacancy rate is reported at 3.9 percent.

Key Highlights

  • 24,488‑square‑foot office building completed in 1989
  • Approximately 2 acres with fee‑simple ownership
  • 90 percent occupied under a gross lease structure

Property Analytics

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Current Use

Halim Clinic Charitable Organization ProMedica Total Rehab ... Medical Clinic Lopez Nicholas M ... Pediatrician Endocrine Specialists, PC Medical Clinic Justeen Jo Barth Physician

Suggested Use

Top Pick Real Estate Agency Storage Facility Auto Parts Store Parking Lot & Garage Electrical Service Hair Salon

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

708
Businesses Nearby

Demographics for 43528, OH

16,746
Population
6,946
Households
2.4
Avg Household Size
45
Median Age
35%
College-Educated
92%
High-School Grad
18.7 sq mi
ZIP Area
896
Density / Sq Mi
$92,188
Median Household Income
$44,014
Median Earnings
$1,030
Median Rent
$246,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Masonry office facility with medical tenants, recent roof, paving, HVAC, and interior and exterior renovations.
Where is this office building located?
The property is located at 6855 Spring Valley Drive Holland, OH.
What is the asking price?
The asking price for this property is $3,355,000.
What are key features of this property?
This property features: 24,488‑square‑foot office building completed in 1989; Approximately 2 acres with fee‑simple ownership; 90 percent occupied under a gross lease structure
(216) 264-2050 Call to check price and availability
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