Map of Property

Goodwill

For Sale

2021 S Reynolds Road, Toledo, OH 43614

This Toledo property for sale is located at 2021 S Reynolds Road. The current listed sale price for Goodwill is $1,952,980. Goodwill is situated on a lot that is 1.92 acre in size.

Contacts

Ayson Shammami

APEX Commercial Real Estate Advisors

Property Details

  • Property Type Retail - Street Retail
  • Property Size 21,712 SF
  • Lot Size 1.92 Acre
  • Year Built 1972
  • Date Updated Jun 11, 2026
Discover the vibrant, bustling community surrounding the property in Toledo, OH. The area is home to a variety of retail and dining establishments, providing a desirable destination for both locals and visitors. Within close proximity, the Franklin Park Mall offers a diverse mix of retailers, attracting a steady flow of shoppers. Popular local attractions, such as the Toledo Museum of Art and the Toledo Zoo, provide additional draws to the area, contributing to a lively and dynamic atmosphere. The location's convenient access to major roadways ensures strong visibility and accessibility, making it an ideal investment opportunity for retail and street retail investors..
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Highlights

  • Accessible Midwest Market: Located in Toledo with a population of ~170K within 5 miles and solid household incomes
  • Attractive Yield: Offered at a 7.75% cap rate with ~$151K NOI, providing strong in-place cash flow
  • Corporate-Backed Tenant: Lease guaranteed by Goodwill, a nationally recognized operator with over 4,000 locations and $7B+ in revenue
  • Dense Retail Corridor: Surrounded by national retailers and strong consumer traffic drivers. (see aerials on pages 5–6)
  • High Visibility Location: Positioned on a heavily trafficked corridor with excellent frontage and accessibility
  • Minimal Landlord Responsibilities: NN lease structure with tenant covering majority of expenses, reducing ownership burden
  • Recession-Resilient Use: Essential, needs-based retail with consistent traffic driven by donation and resale model
  • Strong Real Estate Fundamentals: 21,712 SF building on 1.92 acres with ample parking and functional layout
  • Value-Add Potential: Below replacement cost (~$90/SF) with future repositioning or redevelopment upside

Getting around

  • 54/100

    Walk Score ®

  • 47/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Toledo, OH
  • Neighborhood Southwyck
  • Zip Code 43614
  • Market Toledo

Points of Interest

  • Shell

    0.23 miles

  • Speedway

    0.62 miles

  • BP

    1.27 miles

  • Kroger Fuel Center

    1.37 miles

  • Tesla Supercharger

    1.72 miles

  • Sam's Club

    1.83 miles

  • ChargePoint

    5.40 miles

  • Van Lot B

    0.20 miles

  • Van Lot A

    0.29 miles

  • Associate and Visitor Parking

    0.29 miles

  • Lot 49 - Hotel Guest Parking

    2.46 miles

  • Lot 46

    2.56 miles

  • Lot 42

    2.56 miles

  • Lot 42A

    2.61 miles

  • Lot 48

    2.61 miles

  • Lot 41

    2.66 miles

  • Lot 45

    2.68 miles

  • Olive Garden

    0.13 miles

  • McDonald's

    0.17 miles

  • Steak 'n Shake

    0.18 miles

  • Golden Lily

    0.27 miles

  • Tandoor Cuisine of India

    0.30 miles

  • Bob Evans

    0.54 miles

  • Waffle House

    0.57 miles

  • Black Pearl

    0.92 miles

  • TGI Fridays

    1.10 miles

  • Red Lobster

    1.37 miles

  • Reynolds Plaza Shopping Center

    0.70 miles

  • Kroger

    1.32 miles

  • Gordon Food Service

    1.39 miles

  • Gander Mountain

    1.49 miles

  • Kohl's

    1.50 miles

  • Meijer

    1.65 miles

  • Target

    1.81 miles

  • Furniture Row

    1.97 miles

  • TJ Maxx

    2.01 miles

  • Walmart Supercenter

    2.04 miles

Contact Listing Broker
Ayson Shammami

APEX Commercial Real Estate Advisors

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