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    401 New Towne Square Dr Toledo, OH 43612

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    For Lease
    Contact for pricing

    Class A Industrial Space Available in Toledo, OH

    Lot size:
    853,824 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A industrial property, located at 401 New Towne Square Dr, Toledo, OH 43612, offers multiple spaces for lease within Building 1 of the Toledo Trade Center. The building boasts a total of 853,824 square feet, with currently 135,844 square feet immediately available for lease. Space sizes range from 136,164 square feet to 284,000 square feet, providing flexibility for various business needs. The property is ideally situated in Lucas County, Ohio, offering convenient access to I-75, ensuring efficient transportation and logistics. The building's design incorporates modern warehouse features, reflecting a commitment to advanced speculative construction. The location benefits from a strong labor pool and proximity to public transit, making it an attractive option for employers. Furthermore, the extensive existing infrastructure, including multiple routes and traffic signals, contributes to smooth traffic flow and operational efficiency. This prime location is particularly well-suited for businesses supplying automotive manufacturers, leveraging the region's established automotive industry. Building 1 currently has 149,623 square feet leased, demonstrating strong market demand. Buildings 2 and 3 each offer an additional 284,000 square feet of space. This property represents a significant opportunity for businesses seeking high-quality industrial space in a strategic location.

    Property Features for 401 New Towne Square Dr

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    853,824 SF
    Class
    A

    Unit(s) available at that property

    Space
    Building 3
    Size
    284,000 SF
    Space
    Building 2
    Size
    284,000 SF
    Space
    Building 1
    Size
    136,164 SF

    HighLights

    • Class A industrial space available for lease in Toledo, OH.
    • 135,844 SF immediately available in Building 1 of the Toledo Trade Center (853,824 SF total).
    • Space sizes range from 136,164 SF to 284,000 SF.
    • Excellent I‑75 access in Lucas County, OH, near a strong labor pool and public transit.
    • Strategically located to serve automotive manufacturers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.5417397
    Latitude
    41.7243992

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    FAQs

    What type of property is this?
    Manufacturing property - Class A Industrial Space Available in Toledo, OH
    Where is this manufacturing property located?
    The property is located at 401 New Towne Square Dr Toledo, OH.
    What are key features of this property?
    This property features: Class A industrial space available for lease in Toledo, OH.; 135,844 SF immediately available in Building 1 of the Toledo Trade Center (853,824 SF total).; Space sizes range from 136,164 SF to 284,000 SF.
    Request Owner's contact information
    401 New Towne Square Dr Toledo, OH 43612
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 New Towne Square Dr Toledo, OH 43612
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