5202 Timber Commons DrSandusky, OH 44870

For Sale
$985,000

Class A Office Building, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This 15,416 square foot Class A office building in Sandusky, Ohio, is available for sale at $985,000 ($63.89/sq ft). Located at 5202 Timber Commons Dr, 44870, this single-story, 2006-built property boasts a prime location adjacent to Great Wolf Lodge and retail shopping. Currently operating at 100% occupancy as a business college, the property features a gross lease structure with a single tenant. The current lease expires April 30, 2025, with a remaining term of approximately 0.4 years. The owner will lease back a portion of the building until May 1, 2025. The property includes ample parking with 20 spaces. This versatile space is ideal for various professional uses, including executive, medical, and traditional office settings. The property is categorized as an owner/user investment opportunity with a sale/leaseback structure. No rent bumps are included in the lease agreement. The APN is 32-0753-001. This is a single-building property.

Highlights

  • 15,416 SF Class A office building in Sandusky, OH, for sale at $985,000 ($63.89/SF).
  • Located at 5202 Timber Commons Dr, Sandusky, OH 44870, adjacent to Great Wolf Lodge and retail.
  • Single-story, 2006 construction, currently 100% occupied by a business college under a gross lease.
  • Lease expires April 30, 2025 (approx. 0.4 years remaining); owner will lease back a portion until May 1, 2025.
  • 20 parking spaces; suitable for various professional uses.
  • Owner/user investment opportunity with sale/leaseback structure; APN 32-0753-001.

Property Details for 5202 Timber Commons Dr

Property type
Other office properties, Medical offices
Square Feet
15,416 SF
Class
A
Year Built
2006
Buildings
1
Stories
1

Location Insight

City
Sandusky
County
Erie
State
Ohio
Latitude
41.415477772395
Longitude
-82.667623873019
5202 Timber Commons Dr, Sandusky, Ohio

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5202 Timber Commons Dr
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