5290 Monroe Street, Toledo, OH

Listing agent Eric Parrs

Listing office STNL Development Show Phone

Listing date Apr 29, 2024

Source Moodyscre

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Overview

This property is located along Toledo’s premiere retail corridor, adjacent to Target, Marshalls, and Starbucks. The location drives shoppers to the market daily, resulting in increasing sales. The property features an absolute NNN Mattress Firm lease with zero landlord responsibilities. Mattress Firm is scheduled to be acquired by Tempur-Sealy International, Inc. (NYSE:TPX) later this year, enhancing Mattress Firm’s credit and improving the long-term viability of the company. The property contains 9,645 square feet.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

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Location Insight

• Map
• Local Demand

City

Toledo

County

Wood

State

Ohio

Longitude

-83.6545

Latitude

41.7031

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FAQs

What type of property is this?

Storefront property - NNN leased retail property in Toledo's prime retail corridor.

Where is this storefront property located?

The property is located at 5290 Monroe Street Toledo, OH.

What is the asking price?

The asking price for this property is $3,072,000.

What are key features of this property?

This property features: Absolute NNN Lease: Enjoy zero landlord responsibilities.; Credit Enhancement: Mattress Firm acquisition improves long‑term viability.; Prime Retail Corridor: Located adjacent to Target, Marshalls, and Starbucks.