702 Commerce Dr Perrysburg, OH 43551

This exceptional 11,520-square-foot office building, located at 702 Commerce Dr in Perrysburg, Ohio, presents a compelling investment opportunity. The property, built in 2004 and extensively renovated in 2020, boasts a Class B designation and is situated on a 1.59-acre lot within a Planned Business Park zoning district. Currently operating at 100% occupancy, the building generates a strong net operating income (NOI) of $150,392, yielding an attractive 8.85% capitalization rate. The asking price is $1,700,000. The property's strategic location offers unparalleled convenience, with exceptional accessibility to I-475 and I-75, placing it minutes from two major shopping centers. Four out of five recent leases have been renewed or signed, ensuring long-term stability. Further enhancing the property's value are recent improvements including a new roof (2020) and a resurfaced parking lot (2022). The single-story building is suitable for executive or medical office uses. This fully leased investment property offers a rare combination of high occupancy, strong cash flow, and a prime location in a thriving Perrysburg community. The property's features and location make it an ideal investment for discerning buyers seeking a stable and profitable asset. This is a turnkey opportunity with minimal vacancy risk and significant upside potential.