Contacts

Joe Belinske

Reichle Klein Group

(419) 794-3951

Property Details

Property Type Retail
Property Size 19,190 SF
Lot Size 2 Acre
Parking Spaces Avail. 96
Property Tenancy Multi-Tenant
Building Class B
Year Built 1983
Date Updated Feb 27, 2024

.Excellent investment opportunity Established neighborhood shopping center 100% occupancy Actual NOI: $158,996 - 10% cap rate Easily accessible with 2 curb cuts Excellent exposure with 228' on Alexis Rd. and 3 pylon signs at the street High traffic counts with 20,377 vpd on Alexis Rd. Great demographics with a population of 192,139 within a 5-mile radius Most units have new AC units, roof replaced in 2011 Located on W. Alexis Rd. just east of Bennet Rd. and west of Telegraph Rd.Excellent investment opportunity Established neighbor shopping center 92% occupancy with one (1) 1,500 sf unit available for lease Actual NOI: $149,365 - 8% cap rate Projected NOI: $156,601 - 8.5% cap rate Easily accessible with 2 curb cuts Excellent exposure with 228' on Alexis Rd. and 3 pylon signs at the street High traffic counts with 20,377 vpd on Alexis Rd. Great demographics with a population of 192,139 within a 5-mile radius Most units have new AC units, roof replaced in 2011 Located on W. Alexis Rd. just east of Bennet Rd. and west of Telegraph Rd.

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Attachments

Getting around

51/100
Walk Score ®
40/100
Bike Score ®

Powered by Walk Score ®

City Toledo, OH
Neighborhood North Towne Toledo
Zip Code 43612
Market Toledo

Points of Interest

Toledo

5.79 miles

Sunoco

0.06 miles
Marathon

0.10 miles
Sunoco

0.56 miles
Citgo

1.58 miles
Pacific PrideNet

1.65 miles
Sunoco

1.84 miles
Kroger

1.94 miles
Speedway

2.13 miles
Meijer Fuel Station

2.22 miles
Circle K

2.23 miles

GM Powertrain Parking

1.47 miles
Toledo Police Impound Lot

1.66 miles
Car Storage for Jeep Plant

2.14 miles
Jeep Plant Loading

2.67 miles
Parking Area - P1

3.78 miles
Parking Garage - P2

3.83 miles
ORYC Parking Lot

4.47 miles
RVYC Parking A

4.58 miles
RVYC Parking Lot B

4.58 miles
RVYC Parking Lot C

4.61 miles

Sidelines III

0.40 miles
McDonald's

0.42 miles
Boston Market

0.57 miles
Burger King

0.75 miles
Golden Corral

0.77 miles
Ideal Hot Dog

0.80 miles
Arby's

0.85 miles
Taco Bell

0.91 miles
Busia's Narozny

0.95 miles
W Bar and Grill

1.70 miles

Target

0.30 miles
Kroger

0.47 miles
Aldi

0.50 miles
Kmart

1.74 miles
Aldi

2.14 miles
Big Lots

2.15 miles
Meijer

2.29 miles
Save-A-Lot

2.59 miles
Shopper's World

2.61 miles
Suder Square Shopping Center

2.82 miles

In-Depth Research Available for this Property

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