$2,850,000 USD
844-474-4666
501 Phillips Ave
Toledo, OH 43612
Five Points
HIGHLIGHTS
- Desirable Credit Profile - Professional Electric Products Company (PEPCO) is a Subsidiary and Affiliate Brand of Parent Company, Sonepar USA
- Highly Accessible Site - This Property Provides Easy Access to Both U.S. Route 24 and I-75, Making This Site Easily Accessible to the Entire Toledo
- Operational History - PEPCO Has Been Operating Out of This Location Since 2001, Showing a Continued and Long-Term Commitment to the Site and Market
- Desirable IOS Asset Class - The Excess Yard Space at This Location Allows For Industrial Outdoor Storage (IOS)
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 24,378 SF Pepco (Sonepar) Facility Located at 501 Phillips Avenue in Toledo, OH. This is a Rare Opportunity to Acquire a Well-Located Single-Tenant Industrial Asset With a Best-in-Class Tenant at an Attractive 8.00% Cap Rate. Pepco is Backed By Sonepar, an International Electrical Supply and Wholesaler With Over 490 Locations Located Throughout the United States.
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
FOR SALE DETAILS
PRICE
$2,850,000 USD
PRICE/SF
$124 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pepco (Sonepar) - Toledo, OH
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Manufacturing
ADD'L SUBTYPES
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1965
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
1
DRIVE INS
3
PARKING SPACES
64
LAND DETAILS
LAND ACRES
2.5
LAND SF
108,900
ZONING
I-42
APN/PARCEL ID
12-09926
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844-474-4666
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