309-337 Alexis Rd - Storefront FOR SALE


Toledo, OH 43612
$1,800,000 USD
248-538-2000
309-337 Alexis Rd, Toledo, OH for Sale
$1,800,000 USD
Storefront - FOR SALE
1/7
null | 9.52% Cap Rate

309-337 Alexis Rd
Toledo, OH 43612


HIGHLIGHTS

  • 100% occupied neighborhood shopping center located on Alexis Road with traffic counts exceeding 27,000 VPD.
  • The site is located a half mile away from major retailers such as Kroger, Target, The Home Depot, Lowe’s Home Improvement, Pet Supplies Plus and more.
  • The center has a strong mix of longstanding tenants that provide great retail synergy within the center
  • Excellent value add opportunity
  • Easy access including two curb cuts and boasts excellent visibility with over 350’ of frontage on Alexis Road and three separate pylon signs
  • New roof installed in 2011.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

9.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

CROSS STREETS

Bennett

LAND ACRES

2.39 AC

LAND SF

104,108 SF

ZONING

C-R

APN/PARCEL ID

22-04911

ASK ABOUT THIS PROPERTY

Andrew RoyeCMP Real Estate GroupMore Info
248-538-2000

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Andrew RoyeCMP Real Estate GroupMore Info
248-538-2000

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