Neighborhood Retail Shopping
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4208-4230 Airport Highway, Toledo, OH 43615
Family Dollar anchored center includes vacant 6,500 SF second-floor office space and retail space with 0% occupancy.
Property Size6,500 SF
Days on Market142
Property Features for 4208-4230 Airport Highway
General Information
Standard status
Active
Size
6,500 SF
Property subtype
Retail
Additional Details
Cap Rate
9.6%
Listing Agency:
Reichle | Klein Group
(419) 794-6045
Listed By:
Joe Belinske · License #OH 0000320016
Source:
Crexi
Added: Apr 11
Changed: Aug 27
Last Checked: Aug 14 at 7:40AM
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 neighborhood shopping center is anchored by Family Dollar and includes retail space plus a vacant 6,500 SF office suite on the second floor. The property also reflects current occupancy conditions across the retail and office portions, with the provided information noting retail at 0% occupancy and office space vacancy.
Located on Airport Highway at a signaled intersection, the center sits across the street from Swan Creek Metro Park. Family Dollar has renewed its lease for five years, which is reflected in the reported tenant commitment to the area. The remarks also note that current retail tenants are paying below market rents and that the current cap rate is 9.6% based on 100% occupancy.
The available space configuration and existing occupancy profile make this a straightforward fit for an investor or operator evaluating a mixed retail and office asset.
Located on Airport Highway at a signaled intersection, the center sits across the street from Swan Creek Metro Park. Family Dollar has renewed its lease for five years, which is reflected in the reported tenant commitment to the area. The remarks also note that current retail tenants are paying below market rents and that the current cap rate is 9.6% based on 100% occupancy.
The available space configuration and existing occupancy profile make this a straightforward fit for an investor or operator evaluating a mixed retail and office asset.
Key Highlights
- Family Dollar‑anchored shopping center with vacant 6,500 SF second‑floor office space
- Retail space is currently 0% occupied
- Current cap rate is 9.6% based on 100% occupancy
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43615, OH
39,449
Population
19,620
Households
2
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
16.5 sq mi
ZIP Area
2,391
Density / Sq Mi
$58,466
Median Household Income
$38,196
Median Earnings
$1,014
Median Rent
$137,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- Fourty four Plaza Shopping Center — Toledo, OH 43615
Frequently Asked Questions
What type of property is this?
Shopping center - Family Dollar anchored center includes vacant 6,500 SF second-floor office space and retail space with 0% occupancy.
Where is this shopping center located?
The property is located at 4208-4230 Airport Highway Toledo, OH.
What are key features of this property?
This property features: Family Dollar‑anchored shopping center with vacant 6,500 SF second‑floor office space; Retail space is currently 0% occupied; Current cap rate is 9.6% based on 100% occupancy
