Two Tenant Building Toledo Monument has occupied the building since it was constructed . It is family owned and now next generation run, Tenant signed a 10 year lease extension in 2024. Sylvania Family Pharmacy is locally owned and is an expansion location, The space was renovated in 2024 and the 6 year lease commenced October 1, 2024. Located in Sylvania Township, so no city of Toledo or Sylvania taxes. One of the highest traffic count commercial corners in Lucas County. Access from Monroe & Laskey Rd Large monument signage and excellent facade signage too. Both Leases have rent bumps Toledo Monument”s rent bumps 15% on 9/1/129 Sylvania Family Pharmacy Rent bumps 3% 10/1/27. Ave rental rate for the property is $14.28 sq ft, where area comps in the corridor are $20-25 sq ft. Listing sale price approx. 25% below replacement cost. My financials provide for a 5% reserve which provides provides $3,518 a year and a net income of $68,400 and an 8%+ cap rate. Current lender is very open to loan to a qualified buyer. Regional bank and knows the market well. Rate and term quote available. FINANCIALS DETAILS ON THE PROPERTY AND LENDER RATES/TERMS AVAILABLE UPON REQUEST AND COMPLETING A CA