2201-2181 Tedrow Rd Toledo, OH 43614
- Warehouses
- 11,550 SF
Current Use by Public Records
- Warehouses
Property Details for 2201-2181 Tedrow Rd
- Year built
- 1996
- Property size
- 11,550 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a 11,550 square foot industrial warehouse located at 2201-2181 Tedrow Road, Toledo, Ohio 43614. The property consists of three single-story buildings, totaling 65 units, built in 1996/1998 and extensively renovated in 2024. Currently occupied by a single tenant under a triple-net (NNN) lease, this property offers a secure and passive income stream. The tenant, Konecranes, a publicly traded company, signed a brand new five-year lease commencing February 1st, 2024. Konecranes has a long history with this location, having been a tenant since the early 2000s, demonstrating a strong commitment to the property. The asking price is $850,000, projecting a pro-forma cap rate of 10%. This is a rare opportunity to acquire a stable, high-yielding industrial and self-storage investment with a strong tenant and a proven track record. The property's location in Lucas County, Ohio provides excellent access to major transportation routes and a robust local economy. Detailed financial information is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.6195
- Latitude
- 41.5989
