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840 W Boundary State Highway, Perrysburg, OH 43551

$2,325,000
Property Type: Commercial Sale Lot Size (sq. ft.): 65,340 Status: Closed
Current Price: $2,325,000 List Date: 7/16/2022 Last Modified: 10/14/2025

Overview

Description

Triple-net leased retail w/2 national tenants - My Eye Dr & Papa Johns + local therapy tenant. Cap rate close to 7%. Great investment. Built in 2015. Landlord charges CAM $2.5 to $1.25/sq ft

Listing Details MLS# 6090552

Listing Information

Property Sub Type
Business

Status Change Information

Status Change Timestamp
2022-07-20
Purchase Contract Date
2022-07-18
Close Date
2022-07-20
Close Price
2325000
Buyer Financing
Other

Address

Street Number
840
Street Direction Prefix
W
Street Name
Boundary
Street Suffix
State Highway
County
Wood
State
OH
Postal Code
43551
Parcel Number
Q61-400-670404015000

Contract

Named Exceptions YN
No
Original List Price
2500000
Listing Contract Date
2022-07-16
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
List Price/SqFt
310
Sold Price/SqFt
310

Interior

Building Area Total
7500

Building

Year Built
2015
Stories Total
Yes

More Information

Lot

Lot Size Acres
1.5
Lot Size Square Feet
65340
Lot Size Dimensions
250x267

Remarks

Public Historical Remarks
Parking: 31+ Spaces, Ceiling Height: 11-15 Feet, Miscellaneous: 4+ Restrooms, Alarm, Security,, Features Available: Doors 32+,
Public Remarks
Triple-net leased retail w/2 national tenants - My Eye Dr & Papa Johns + local therapy tenant. Cap rate close to 7%. Great investment. Built in 2015. Landlord charges CAM $2.5 to $1.25/sq ft

Building and Property Details

Building 1 Length
146
Building 1 Width
51

Income and Expenses

Gross Scheduled Income
165000
Net Operating Income
165000

Tax & Legal

School District
Perrysburg
6 Months General Tax
4429.64
6 Months Special Assessment Tax
0
6 Months Total Tax
4429.64
Tax Legal Description
Outlot 240 pt. com 188' SNE corner
Zoning
com
Directions
Near Eckel Rd
Auction YN
No

Construction Materials

Brick
Yes
Stone
Yes

Cooling

Central Air
Yes

Flooring

Carpet
Yes
Tile
Yes

Foundation Details

Slab
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Location of Property

Other
Yes

Possession

Subject To Tenant Rights
Yes

Roof

Other
Yes

Security Features

Security Lights
Yes

Sewer

Sanitary Sewer
Yes
Storm Sewer
Yes

Water Heater

Electric
Yes

Water Source

Public
Yes

Lease Term Options

Renewal Option
Yes
Other
Yes

Owner Pays

Taxes
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Business Type

Commercial
Yes
Retail
Yes

Licenses Required

None
Yes

Sale Includes

Building
Yes
Land
Yes

Documents

Leases
Yes
Legal
Yes
Survey
Yes

Property Features

Business Type: Commercial; Retail Construction Materials: Brick; Stone Cooling: Central Air Flooring: Carpet; Tile Foundation Details: Slab Heating: Forced Air; Natural Gas Lease Term Options: Renewal Option; Other Licenses Required: None Listing Terms: Cash; Conventional Location of Property: Other Owner Pays: Taxes Possession: Subject To Tenant Rights Roof: Other Sale Includes: Building; Land Security Features: Security Lights Sewer: Sanitary Sewer; Storm Sewer Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water Water Heater: Electric Water Source: Public Documents: Leases; Legal; Survey
Listing Office: DiSalle Real Estate Co
Last Updated: October - 14 - 2025
Broker Attribution: 419-261-4010

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