70,110 SF of warehouse that can be converted from medical grade back to flex/industrial. Sale price is $53.00/SF totaling $3,715,830.
70,110 SF of industrial/flex space most recently used for medical grade services but can easily accommodate food-grade applications. There is plentiful space for a warehousing operation. Lease rate starts at $4.50/SF/Yr NNN with annual increases of 2%. Tenant self manages CAM (property insurance + liability) maintenance, repair, and replacement.
Located just three miles from the entrance of I-475 and only four miles from the Ohio Turnpike interchange, allowing for quick and easy access to the interstate system. Situated about 4 miles from the University of Toledo Medical Center and 3 miles to the University of Toledo Main Campus.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.