4331 KEYSTONE DRIVE MAUMEE, OH (MONCLOVA TOWNSHIP)
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1 4331 KEYSTONE DRIVE MAUMEE, OH (MONCLOVA TOWNSHIP) OFFICE FOR SALE OR LEASE SF Available for Lease FULL-SERVICE COMMERCIAL REAL ESTATE GENERAL INFORMATION Sale Price: $1,600,000 Lease Rate: $11.00 per square foot gross Building Size: 15,185 sf (per Lucas County) Space Available: 1,929 sf and 2,744 sf - contiguous for a total of 4,673 sf Number of Stories: 1 Year Constructed: 2006 Acreage: acres Land Dimensions: Irregular - approximately 375' of frontage on US-23 Closest Cross Street: Monclova Road County: Lucas Zoning: Industrial/Office Parking: 54 Curb Cuts: 1 Street: 2 lane For more information, please contact:
2 BUILDING SPECIFICATIONS Exterior Walls: Structural System: Roof: Floors: Floor Coverings: Ceiling Height: Basement: Heating: Air Conditioning: Power: Security System: Restrooms: Sprinklers: Signage: Brick and decorative stone Wood frame 2" x 6" framed studs with R-19 in the walls Asphalt shingle Wood Carpet and tile Varies - vaulted (over 10') in many areas Yes with computer room and storage areas Gas forced air - high efficient furnaces Central - high efficient A/C units with ultraviolet light dust elimination systems 1,000 amps Guardian 2 per suite Yes Monument BUILDING INFORMATION Current Tenants: Occupancy Date: Other Tenants: Sign on Property: Key Available: LEASE DETAILS Term: Security Deposit: Options: Improvement Allowance: Tenant Responsible For: Landlord Responsible For: 2015 REAL ESTATE TAXES TD: 38 Parcel: Assessor Number: Forrester Wehrle (owner) Negotiable Savage McVicker Insurance and American Heart Association Yes No space is occupied Negotiable 1 month s rent Negotiable Negotiable Suite Janitorial Total Annual Taxes: $28, All expenses including roof and structure Comments: 2 suites available (2,744 sf + 1,929 sf) up to 4,673 sf continuous. Private entrances. Open area. Expansive room with clear height of 9'. Modern pendant lighting. Basement storage. Generator back-up system automatically turns on during power outage. Connected to a natural gas line. Visible from US-23.
3 Annual Rental Income and Expenses December, 2015 thru November, 2016 Annualized Rental Income Suite A Forrester Wehrle (owner's office) $16, Suite B Wellpoint, Inc. ( tenant vacated) 42, Suite C Savage McVicker 68, Suite D American Heart Association 46, Total Annualized Income $173, Annualized Expenses and Expense Reimbursement Electric $16, Gas 1, Insurance 1, Maintenance 1, Real Estate Taxes 27, Rubbish Removal 1, Security Snow and Grass Maintenance 2, Water and Sewer Total Annualized Expenses $53, Expense Reimbursement ($26,234.19) Net Total Expenses $ 26, Net Positive Cash Flow before Debt $146,988.46
4 Joint Economic Development Zone: Located within the Maumee/Monclova/Toledo Joint Economic Development Zone (MMT JEDZ). Jobs Grant information available through the Monclova Township office ( Harold Grimm, Administrator). The purpose of the program is to maintain the competitiveness of the MMT JEDZ as a location for new business and expansion of existing business. As a business operating in the MMT JEDZ, you are required to: Withhold 1.5% tax on earnings of all employees Pay 1.5% tax on net earnings
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6 Rent Roll Suite Tenant Term A Available occupied by owner 1,929 B Available 2,744 C Savage McVicker 7,865 07/01/16 08/30/ year options to renew Tenant has renewed its lease early with termination option within final 3 years after 5 year extension with 180 days' notice. D American Heart Association 2,998 11/01/15 10/31/ year option to renew with 90 day advance notice
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8 4331 Keystone Drive, OH 43537
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