3226 W Alexis Rd Toledo, OH 43613
Single-tenant Citizens Bank with 6 years remaining and annual increases.
Property size:
3,848 SFLot size:
0.39 AcresProperty Features for 3226 W Alexis Rd
General Information
- Size
- 3,848 SF
- Lot size
- 0.39 Acres
Source:
Moodyscre
Listing Agent: Bob Havasi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Citizens Bank NNN Investment Opportunity
This offering features a corporate, single-tenant Citizens Bank. The property has an absolute NNN lease with 6 years of term remaining and 2% annual rental increases. It is positioned within 5 miles of nearly 175,000 people with average household incomes over $90,000. The property is located near the high-traffic intersection of Alexis Road and Secor Road, which sees over 49,180 vehicles per day. It is also located 3 miles from the 1.3 million-square-foot Franklin Park Mall. The property is surrounded by major employers, including Whirlpool Corporation, FCA US, General Motors Powertrain, Dana Corp., Fifth-Third Bank's Northwest Ohio Headquarters, Owens Corning, Owens Illinois, Libbey Glass, and Pilkington North America. The location has multiple points of ingress and egress, with a side road positioned between the banking office and ATM location. The property is near Toledo’s largest employer, ProMedica Health Systems, the University of Toledo Medical Center, Mercy Health, and Bon Secours Mercy Health System, and HCR Manor Care Headquarters. The site is easily accessible to the Detroit Metropolitan Wayne County Airport (50 Miles) and Toledo Express Airport (17.5 Miles). The property consists of 3 parcels to accommodate parking, easy ATM access and banking office with highly visible, prominent pylon & building signage. The building size is 3,848 square feet.
Location Intelligence
Current Use by Public Records
Banks
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Wood
- State
- Ohio
- Longitude
- -83.6220421
- Latitude
- 41.7212052
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FAQs
What type of property is this?
Bank - Single-tenant Citizens Bank with 6 years remaining and annual increases.
Where is this bank located?
The property is located at 3226 W Alexis Rd Toledo, OH.
What is the asking price?
The asking price for this property is $1,246,000.
What are key features of this property?
This property features: - Corporate Single-Tenant: Citizens Bank (NYSE: CFG/S&P “A-”/Moody’s “Baa1”) provides strong, stable tenancy.; - Absolute NNN Lease with 6 Years of Term Remaining and 2% Annual Rental Increases offers a secure and growing income stream.; - High-Traffic Location: Near the intersection of Alexis Road and Secor Road with over 49,180+ VPD.