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    4505 Monroe St Toledo, OH 43613

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    For Lease
    $12 SF/Yr ($3,650 /Mo)

    Retail space available in a Best Buy-anchored shopping center.

    Property size:
    3,650 SF
    Lot size:
    5.31 Acres

    Property Features for 4505 Monroe St

    General Information

    Size
    3,650 SF
    Lot size
    5.31 Acres

    Source: Reichle | Klein Group Agent Joe Belinske

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Regional Center

    This retail space is located in a regional shopping center anchored by Best Buy and shadow-anchored by a Kroger supermarket. The unit, currently occupied by Dave Smith Appliance Service, will be available starting January 1, 2021. The space can be subdivided into units of 1,600 square feet (20' x 80') and 2,050 square feet. The property features space overhead for deliveries and includes two restrooms. It is easily accessible with traffic signals at the intersection of Monroe Street and Secor Road. The location benefits from high traffic volume, with 23,295 vehicles per day on Monroe Street and 35,038 vehicles per day on Secor Road. The 2020 estimated NNN expense is $2.95 per square foot. The total property size is 3,650 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    My beauty supply Beauty Supply Store Rent-A-Center Furniture Store Hair Nette's Salon Hair Salon Geek Squad Computer Service Best Buy Home Theater Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Executive Market Place, Westgate Village Shopping Center, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.620436
    Latitude
    41.687163

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in a Best Buy-anchored shopping center.
    Where is this shopping center located?
    The property is located at 4505 Monroe St Toledo, OH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Best Buy-anchored regional shopping center, shadow anchored by Kroger.; - High traffic location with 23,295 vehicles per day on Monroe Street and 35,038 vehicles per day on Secor Road.; - Easily accessible with traffic signals at Monroe Street and Secor Road.
    (419) 367-1001
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    Toledo, OH 43613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4505 Monroe St Toledo, OH 43613
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