Morgan Stanley

For Sale

7311 Crossleigh Court, Toledo, OH 43617

This Toledo property for sale is located at 7311 Crossleigh Court. The current listed sale price for Morgan Stanley is $3,859,548.

Contacts

broker

Jacob Abusharkh

The Kase Group

Property Details

  • Property Type Retail - Freestanding
  • Property Size 14,076 SF
  • Additional Rent Contact for pricing
  • Date Updated Aug 8, 2024
Toledo is a city in and the county seat of Lucas County, Ohio, United States. At the 2020 census, it had a population of 270,871, making Toledo the fourth-most populous city in Ohio, after Columbus, Cleveland, and Cincinnati. Toledo is the 84th-most populous city in the United States. It is the principal city of the Toledo metropolitan area, which had 606,240 residents in 2020. Toledo also serves as a major trade center for the Midwest; its port is the fifth-busiest on the Great Lakes.The subject is a 14,076 square-foot building leased to Morgan Stanley located in Toledo, Ohio. The lease calls for minimal landlord obligations including roof and structure. The lease is corporately guaranteed by Morgan Stanley, expiring in April 2028 with three, 5-year options for renewal at fair-market value. The building is free-standing and part of a larger business park complex. There is an association and the tenant reimburses the dues. Tenant also reimburses operating expenses and pays property taxes. There is a 3.5% cap on increases year over year for operating expenses (not including property taxes). The location within the business park is desirable business and the surrounding area shows strong demographics for both density and income (105,267 residents and $113,000 Avg HH Income within a 3-Mile Radius). The site has easy access Interstate 475 (94,720 VPD) and close by to Central Ave (32,715 VPD), a major commercial thoroughfare which features tenants such as Lowe’s Home Improvement, Arby’s, Take 5 Oil Change, Taco Bell, Meijer Pharmacy, Pet Supplies Plus, Advance Auto Parts & more. In Association with ParaSell, Inc. | A Licensed Ohio Broker #REC.2020005946

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Highlights

  • Net Lease with Minimal Landlord Obligations
  • Corporate Guarantee - NYSE: MS
  • Located within Highly Desirable Business Park
  • Strong Surrounding Demographics – 105,267 residents & $113,000 Avg HH Income within a 3-Mile Radius
  • Easy Access to Interstate 475 – 94,720 VPD
  • Nearby Major Commercial Thoroughfare – 32,715 VPD
  • Neighboring Tenants include Lowe’s Home Improvement, Arby’s, Take 5 Oil Change, Taco Bell, Meijer Pharmacy, Pet Supplies Plus, Advance Auto Parts & more

Getting around

  • 36/100

    Walk Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Toledo, OH
  • Zip Code 43617
  • Market Toledo

Points of Interest

  • Meijer Gas

    0.34 miles

  • Kroger

    0.71 miles

  • Shell

    0.74 miles

  • Speedway

    1.07 miles

  • BP

    1.12 miles

  • Sunoco

    1.90 miles

  • Marathon

    2.55 miles

  • Tesla Supercharger

    7.49 miles

  • Tam-O-Shanter Parking

    0.90 miles

  • Olander Park Parking

    0.96 miles

  • Quarry Ridge Trail Parking

    2.14 miles

  • St. Joe's Park and Ride Lot

    2.48 miles

  • Wildwood Parking Lot #7

    2.56 miles

  • Wildwood Parking Lot #2

    2.56 miles

  • YumYum Restaurant

    0.31 miles

  • Fowl & Fodder

    0.32 miles

  • Taco Bell

    0.32 miles

  • City Barbeque

    0.34 miles

  • Wendy's

    0.39 miles

  • Sakura Express

    0.41 miles

  • Tropical Smoothie Cafe

    0.41 miles

  • Chipotle

    0.42 miles

  • Burger King

    0.42 miles

  • McDonald's

    0.45 miles

  • Meijer

    0.17 miles

  • Kroger

    0.61 miles

  • Regency Plaza

    0.74 miles

  • West Central Place

    1.03 miles

  • Walmart Supercenter

    1.98 miles

  • Tee Oriental Food

    2.02 miles

  • ALDI

    3.25 miles

  • Target

    3.60 miles

  • Middle East Market

    3.65 miles

  • Marshalls

    3.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jacob Abusharkh

The Kase Group