Contacts

Rami Sebai

SVN | Ascension Commercial Realty

Property Details

Property Type Retail - Street Retail
Property Size 2,616 SF
Lot Size 0.25 Acre
Parking Spaces Avail. 23
Property Tenancy Single Tenant
Building Class C
Year Built 1940
Year Renovated 2023
Date Updated Aug 25, 2026

xx2,616 SF single-tenant retail investment property situated on 0.26 acres for sale. This commercial node is served by the signalized convergence of Sylvania, Lewis and Philips Ave, located just over one mile from I-75 and Hwy-24, providing ease of access to downtown Toledo, and the Michigan border. The corridor is lined with active small-format retail and food-service tenants including Pizza Hut, Marco's Pizza, McDonald's, and Taco Bell. The asset is 100% leased to Schaad's Auto Service and Towing on a zero-management absolute triple net lease basis, with the tenant paying 100% of taxes, insurance, and CAM directly and no landlord expense or management responsibility. Five-year lease term with one (1) five-year renewal option in place.

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Highlights

(2) In ground hydraulic post lifts
900 SF metal pole barn added in 2017, offering additional covered storage or workshop space in addition to the primary structure.
Cameras & Security system in place.
Overhead Doors; 5 total (3) 9'11 wide 8'11 high (2) 15'11 wide 8'11 high
Pylon and monument signage availible
Zero-management NNN structure. Tenant (Schaad's Service and Towing) pays 100% of taxes, insurance, and CAM directly, with no landlord expense responsibility at all.