Toledo Shopping Center Investment
For Sale
Contact for pricing
5255 Hill Ave, Toledo, OH
Fully occupied shopping center with long-term tenants and ample parking.
Property Size10,000 SF
Lot Size0.99 Acres
Price / SF$69.50
Days on Market547
Property Features for 5255 Hill Ave
General Information
Standard status
Active
Size
10,000 SF
Lot size
0.99 Acres
Property subtype
RETAIL
Listing Agency:
Reichle | Klein Group
(419) 861-1100
Listed By:
Joe Belinske · License #0000320016
(419) 367-1001
Source:
Moodyscre
Added: Mar 14, 2025
Changed: Aug 15
Last Checked: Sep 11 at 4:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reichle | Klein Group
Investment Insights
Based on property information with market context.
This shopping center presents an investment opportunity with 100% occupancy. Four of the six tenants have been at this location for more than 15 years, demonstrating a commitment to the area. The property features ample parking with 50 paved spaces. The actual Net Operating Income is $70,034, with a Cap Rate of 10%. The property is situated in an area with excellent demographics, including a population of 193,156 within a 5-mile radius. The property size is 10000 square feet.
Key Highlights
- High Cap Rate: 10% indicates a strong return on investment.
- 100% Occupancy: Guarantees immediate income stream.
- Established Tenants: Long‑term tenants (15+ years) demonstrate stability and commitment.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
48k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 38%
Electronics 2%
McDonald's
Dining
17,061 visits/mo
0.3 miles
Dollar Tree
Shops & Services
10,617 visits/mo
0.2 miles
Burger King
Dining
7,480 visits/mo
0.2 miles
PNC Bank
Shops & Services
4,690 visits/mo
0.2 miles
Church's Chicken
Dining
4,688 visits/mo
0.2 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied shopping center with long-term tenants and ample parking.
Where is this shopping center located?
The property is located at 5255 Hill Ave Toledo, OH.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: High Cap Rate: 10% indicates a strong return on investment.; 100% Occupancy: Guarantees immediate income stream.; Established Tenants: Long‑term tenants (15+ years) demonstrate stability and commitment.
