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    3131 Executive Pkwy Toledo, OH 43606

    For Lease
    $14 SF/Yr

    Prime Westgate Office Suites Available

    Lot size:
    34,344 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional office building, located at 3131 Executive Parkway in Toledo, Ohio, offers a variety of professionally maintained suites for lease. The property boasts a total of 34,344 square feet situated on 1.75 acres of land in the desirable Westgate area. Multiple configurations are available, ranging from 590 square feet to a maximum of 5,349 square feet, providing flexibility for businesses of various sizes. The building underwent renovations in 2010, ensuring modern amenities and a well-maintained environment. Its convenient location offers excellent exposure and prominent signage along Executive Parkway, enhancing visibility and brand recognition. The property benefits from its proximity to major transportation arteries, being less than a mile from an expressway interchange, ensuring easy access for employees and clients. This is a fantastic opportunity for businesses seeking a high-profile location in a thriving commercial area. The building is classified as a traditional office space and features multiple tenancies. The property's address is 3131 Executive Pkwy, Toledo, OH 43606, within Lucas County. This prime location offers businesses the ideal blend of accessibility, visibility, and modern office space. The building's updated features and strategic location make it an attractive option for companies seeking to establish or expand their presence in Toledo.

    Property Features for 3131 Executive Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,344 SF
    Total Rate
    42786.9

    Building Details

    Year Renovated
    2010

    Unit(s) available at that property

    Space
    Suite 200
    Size
    3,403 SF
    Rate per SF
    $14
    Space
    Suite 207
    Size
    1,946 SF
    Rate per SF
    $14
    Space
    Suite 200-207
    Size
    5,349 SF
    Rate per SF
    $14
    Space
    Suite 106 (1st Floor)
    Size
    590 SF
    Rate per SF
    $16
    Space
    Suite 101 (1st Floor)
    Size
    2,250 SF
    Rate per SF
    $16

    HighLights

    • 34,344 SF office building on 1.75 acres in Toledo, OH's desirable Westgate area.
    • Multiple suites available, ranging from 590 SF to 5,349 SF.
    • 2010 renovations provide modern amenities.
    • High‑visibility location on Executive Parkway with prominent signage, less than one mile from an expressway interchange.
    • Traditional office space with multiple tenancies at 3131 Executive Pkwy, Toledo, OH 43606.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mahaffey & Associates LLC Bankruptcy Attorney Soul Searching Counseling Social Worker Divine Ivriy Doula AIDE FOR YOU, LLC Corporate Office Toledo Homecare Home Health Care Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6296053
    Latitude
    41.6782576

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Westgate Office Suites Available
    Where is this office property / space located?
    The property is located at 3131 Executive Pkwy Toledo, OH.
    What is the lease rate?
    The lease rate is $14-$16 SF/Yr.
    What are key features of this property?
    This property features: 34,344 SF office building on 1.75 acres in Toledo, OH's desirable Westgate area.; Multiple suites available, ranging from 590 SF to 5,349 SF.; 2010 renovations provide modern amenities.
    Request Owner's contact information
    3131 Executive Pkwy Toledo, OH 43606
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    Toledo, OH 43606
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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
    3131 Executive Pkwy Toledo, OH 43606
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