2710 Centennial RdToledo, OH 43617

Property Details for 2710 Centennial Rd

Lot size

4.89 AC

Zone code

20-M2

Property type

Office properties

Property subtype

Other office properties

APN

79-74639

APU

7974639

Description

This exceptional Class A office building, constructed in 2005 and renovated in 2016, offers 6,500 square feet of versatile space at 2710 Centennial Rd, Toledo, OH 43617. Currently, a significant 3,742 square feet of contiguous space is available for lease, divisible down to 1,426 square feet. The building features three suites in total, situated in the desirable West Toledo submarket, specifically Sylvania Township. The single-story building boasts 8'6" to 9'0" ceilings and is zoned M-2. The available suite includes seven private offices, a conference room, a reception area, a bullpen area suitable for 6-8 cubicles, an IT room, and a kitchen. Ample free basement storage is also provided. This exceptional space benefits from abundant natural light with windows on three sides. The property's address is conveniently located near Central Avenue and features a parcel number of 79-74639. This is an excellent opportunity for businesses seeking high-quality, well-appointed office space in a prime location. No elevators are present in this single-story building.

• CAP approach

  CAP return

  Valuation

  6%

  $36,478,096

  6.5%

  $33,672,088

  7%

  $31,266,940

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,932,252

  Geo Method

  $19,932,252

• Alternative Use

  Use

  Valuation

  Residential

  $41,753,388

  Hospitality

  $38,245,880

  Educational

  $31,820,124

  Medical

  $32,914,466

  Retail

  $49,497,968

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.6687

Longitude

-83.7406

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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