Office Suite with Private
For Sale
Contact for pricing
7558-7600 Kings Pointe Rd, Toledo, OH 43617
Office suite with front air vestibule and rear patio access, plus washer/dryer hookups and shared basement storage.
Property Size1,837 SF
Price / SF$170
Days on Market300
Property Features for 7558-7600 Kings Pointe Rd
General Information
Standard status
Active
Size
1,837 SF
Property subtype
OFFICE
Amenities
washer/dryer hookup
shared basement storage
tenant signage
Listing Agency:
SVN Ascension
(419) 540-8888
Listed By:
Hannah Szul · License ##SAL.2023002138
(419) 867-9119
Source:
Moodyscre
Added: Jan 5
Changed: Oct 25
Last Checked: Nov 1 at 8:22AM
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 SVN Ascension
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Investment Insights
Based on property information with market context.
Office suite located within a business park setting. The space includes private entrances with a front entry and air vestibule, plus rear access with a patio. A washer/dryer hookup is available, and shared basement storage may be added with landlord approval. Outdoor tenant signage options include dedicated tenant signage and suite door signage.
The suite offers ample shared parking and may be combined with an adjoining suite at 7590 Kings Pointe Rd for a combined total of 3,931 SF. Surrounding area includes a newly built allergy office directly across the street, and an adjacent office building that was recently purchased and is being remodeled.
Traffic counts for nearby roads include King Rd at 15,773 (24), W Sylvania Ave at 15,061 (25), Central Ave at 33,137 (24), and I-475 at 96,046 (24).
The suite offers ample shared parking and may be combined with an adjoining suite at 7590 Kings Pointe Rd for a combined total of 3,931 SF. Surrounding area includes a newly built allergy office directly across the street, and an adjacent office building that was recently purchased and is being remodeled.
Traffic counts for nearby roads include King Rd at 15,773 (24), W Sylvania Ave at 15,061 (25), Central Ave at 33,137 (24), and I-475 at 96,046 (24).
Key Highlights
- 1837 SF office suite with private front entry air vestibule and rear patio access
- May be combined with adjoining suite at 7590 Kings Pointe Rd for total 3,931 SF
- Washer/dryer hookup in the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,719
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,380
$334.4K
Cap Rate 7%
$238,843
$238.8K
Cap Rate 9%
$185,767
$185.8K
Market Conditions
NOI Build-Up for 1,837 SF
Gross rent
$27.6K $15.00/SF
− Vacancy
−$5.3K −$2.87/SF
EGI
$22.3K $12.14/SF
− OpEx
−$5.6K −$3.03/SF
NOI
$16.7K $9.10/SF
Area
Toledo, OH
Vacancy
19.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,380
Cap Rate 7%
$238,843
Cap Rate 9%
$185,767
Alternative Uses
Best Use
Office B
$238.8K
$209.0K – $278.7K
NOI $16,719 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$305.7K
$267.5K – $356.7K
NOI $21,400 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
662
Businesses Nearby
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Business Placement
Demographics for 43617, OH
7,659
Population
3,248
Households
2.4
Avg Household Size
44
Median Age
51%
College-Educated
97%
High-School Grad
5.2 sq mi
ZIP Area
1,473
Density / Sq Mi
$131,935
Median Household Income
$61,927
Median Earnings
$1,145
Median Rent
$271,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Office suite with front air vestibule and rear patio access, plus washer/dryer hookups and shared basement storage.
Where is this office unit located?
The property is located at 7558-7600 Kings Pointe Rd Toledo, OH.
What is the asking price?
The asking price for this property is $312,290.
What are key features of this property?
This property features: 1837 SF office suite with private front entry air vestibule and rear patio access; May be combined with adjoining suite at 7590 Kings Pointe Rd for total 3,931 SF; Washer/dryer hookup in the suite
