New Concepts

For Sale

111 S Byrne Rd, Toledo, OH 43615

This Toledo property for sale is located at 111 S Byrne Rd. The general use of New Concepts is office and it incorporates 10,840 square feet of class C office space. The current listed sale price for New Concepts is $1,467,735.

Contacts

Kaleb Rupp

Encore Real Estate Investment Services

Property Details

  • Property Type Office - Medical Office
  • Property Size 10,840 SF
  • Building Class C
  • Year Built 1973
  • Date Updated Jun 2, 2026
Located along the western edge of Lake Erie, Toledo serves as the economic and cultural hub of Northwest Ohio, offering a diverse and resilient regional economy supported by healthcare, manufacturing, logistics, education, and technology industries. The city benefits from its strategic position along Interstate 75 and the Ohio Turnpike, providing direct connectivity to major Midwestern markets including Detroit, Cleveland, Chicago, and Indianapolis. Toledo’s central location, strong transportation infrastructure, and access to an educated workforce continue to attract investment and support long-term economic growth throughout the region. The Toledo market is anchored by several major employers and institutions, including The University of Toledo, ProMedica, and Mercy Health, which contribute to stable employment and sustained population demand across the metropolitan area. In recent years, Toledo has experienced continued public and private investment in downtown redevelopment, waterfront revitalization, and infrastructure improvements, helping drive renewed interest in both commercial and mixed-use development. The city’s affordability, business-friendly environment, and expanding healthcare and logistics sectors continue to support a favorable climate for commercial real estate investment. Northwest Ohio’s accessibility and economic diversity make Toledo an attractive location for both regional and national tenants seeking efficient market access and long-term operational stability. The area’s strong industrial foundation, combined with continued investment in healthcare, education, and innovation initiatives, positions Toledo for sustained economic momentum moving forward. Supported by a broad consumer base, established infrastructure, and strategic regional connectivity, Toledo remains a compelling Midwestern market for commercial real estate ownership and investment activity..
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 10,840-square-foot facility is strategically positioned along Byrne Road within a densely populated Toledo corridor surrounded by residential neighborhoods, healthcare providers, and retail amenities.
  • Attractive 10.00% cap rate offering investors strong in-place cash flow backed by an established community-oriented tenant with essential-service operations.
  • Lease structure includes approximately 1.5% annual rent increases, providing consistent income growth throughout the remaining lease term and option periods.
  • Long-term net leased investment occupied by New Concepts (Philio, Inc), a well established nonprofit organization serving the Toledo market through behavioral health, housing, and community support services.
  • Surrounding market is supported by major regional employers and institutions including The University of Toledo, ProMedica, and Mercy Health, helping drive sustained economic activity and population demand.

Getting around

  • 31/100

    Walk Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Toledo, OH
  • Neighborhood Scott Park
  • Zip Code 43615
  • Market Toledo

Points of Interest

  • Speedway

    1.75 miles

  • BP

    2.87 miles

  • Shell

    3.01 miles

  • Marathon

    3.20 miles

  • S&G

    3.21 miles

  • Valero

    3.29 miles

  • Sunoco

    3.53 miles

  • Tesla Supercharger

    4.48 miles

  • ChargePoint

    7.61 miles

  • Lot 41

    1.14 miles

  • Lot 40A

    1.16 miles

  • Lot 42A

    1.19 miles

  • Lot 40

    1.20 miles

  • Lot 45

    1.21 miles

  • Gateway Parking

    1.24 miles

  • Lot 25S

    1.24 miles

  • Lot 42

    1.27 miles

  • Lot 44A

    1.27 miles

  • Lot 25N

    1.29 miles

  • University Circle Apartments

    1.26 miles

  • Radisson Hotel at The University of Toledo

    1.39 miles

  • Bel-Air Motel

    2.15 miles

  • Lighthouse Motel

    2.18 miles

  • Red Roof Inn Toledo - University

    3.17 miles

  • Hampton

    3.24 miles

  • Courtyard Toledo West

    3.36 miles

  • Residence Inn

    3.39 miles

  • Quality Inn

    3.40 miles

  • Hawthorn Suites by Wyndham Holland/Toledo Area

    3.52 miles

  • Walmart Supercenter

    1.94 miles

  • Kroger

    1.96 miles

  • Save-A-Lot

    2.12 miles

  • Middle East Market

    2.23 miles

  • Family Food Center

    2.72 miles

  • The Fresh Market

    2.73 miles

  • Cricket West Shopping Center

    2.98 miles

  • Westgate Meadows Shopping Center

    2.99 miles

  • Kohl's

    3.34 miles

  • Gander Mountain

    3.49 miles

Contact Listing Broker
Kaleb Rupp

Encore Real Estate Investment Services

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.