2450 S Reynolds Rd - Freestanding FOR SALE


Toledo, OH 43614- Southwyck
$3,150,000 USD
419-346-5826
2450 S Reynolds Rd, Toledo, OH for Sale
$3,150,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

2450 S Reynolds Rd
Toledo, OH 43614
Southwyck


OVERVIEW

This former Rite Aid property boasts a strategic location at the signalized, hard corner intersection of S. Reynolds Road and Heatherdowns Boulevard. With a combined 53,000 vehicles passing by daily, this high-traffic site offers excellent exposure. The building itself is convenient for customers, featuring a drive-thru lane. Additionally, two large pylon signs provide excellent visibility from S. Reynolds Road. Benefits from direct on/off ramp access to Interstate 80/90 (Ohio Turnpike). The immediate retail corridor boasts a variety of national credit tenants, including Kroger, Goodwill, Huntington Bank, Aaron`s, NAPA, Harbor Freight Tools, Goodyear, and the new 150,000-square-foot Amazon DCL5 delivery station. This strong tenant synergy increases consumer traffic to the surrounding area and promotes crossover exposure for the site. The 5-mile trade area is supported by a population of 153,802 residents and 84,038 daytime employees, with an average household income of $91,426. Additionally, the property is within walking distance of several apartment complexes, including Alt Stone Bridge (132 units), The Woodlands (150 units), Genesis Village (156 units), and more. This provides a direct residential consumer base for the site.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,256 SF

ZONING

CR

APN/PARCEL ID

20-01330

ASK ABOUT THIS PROPERTY

Duke WheelerReichle | Klein GroupMore Info
419-346-5826

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Duke WheelerReichle | Klein GroupMore Info
419-346-5826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.