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1661 Holland RdMaumee, OH 43537

Maumee, OH Medical Office Net Lease

Overview

Added:
Dec 11, 2024
Days on market:
115
This single-story, 16,307-square-foot Class B medical office building in Maumee, Ohio, presents a compelling investment opportunity. Located at 1661 Holland Rd, 43537, this property boasts a 2.33-acre lot and features a multi-tenant occupancy with five current tenants, currently at 51% occupancy. Built in 1987, the building is zoned 16-CM and offers ample parking with 97 surface spaces. Its strategic location provides excellent visibility and accessibility, situated just one mile from the Ohio Turnpike (I-80/I-90) and 1.5 miles from US-23/I-475, a corridor with over 100,000 vehicles per day. The property is also within minutes of major national retailers including Meijer, Kroger, Cracker Barrel, and Outback Steakhouse. This net lease investment offers potential for increased net operating income (NOI) through leasing up the currently available space. The property is a single building on a large lot, providing significant potential for future development or expansion. This is an excellent opportunity to acquire a well-located medical office building with significant upside potential.

Highlights

  • Excellent medical office building in Maumee, OH; 16,000 SF single-story.
  • Ample parking: 97 surface spaces.
  • Excellent highway access: 1 mile from I-80/I-90, 1.5 miles from US-23/I-475 (100,000+ VPD).
  • Strong retail synergy: near Meijer, Kroger, and other national retailers.
  • Significant value-add opportunity: 51% occupancy allows for NOI growth.

Property Details for 1661 Holland Rd

Property type
Office properties, Medical offices
Square Feet
16,307 SF
Class
B
Year Built
1987
Buildings
1
Lot Size (sq. ft)
101,495 SF

Location Insight

City
Maumee
County
Lucas
State
Ohio
Latitude
41.589225264467
Longitude
-83.67819516665
1661 Holland Rd, Maumee, Ohio

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1661 Holland Rd
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