New Concepts

Investment Overview

Investment Highlights

• 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.
• 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.
• 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.
• 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.