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Ace Hardware-Anchored Shopping Center
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4441 N Summit St, Toledo, OH 43611

Fully occupied shopping center anchored by Ace Hardware, with 144 parking spaces and easy access to I-75.

Property SizeContact for details
Days on Market121

Property Features for 4441 N Summit St

General Information

Standard status Active
Total Parking Spaces 144
Property subtype Retail
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Golden Group Commercial Real Estate
Listed By: Troy Golden · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 9:26PM

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 Golden Group Commercial Real Estate

Investment Insights

Based on property information with market context.

Lighthouse Landing Shopping Center is a fully occupied retail strip center anchored by a long-term Ace Hardware tenant. The tenant mix includes Lighthouse Landing Depot (current owner) trucking services, contractor, insurance, dog trainer, mattress sales, and a photography studio. The owner currently occupies 5,800 SF and will sign a 5-year leaseback as a sale-leaseback option or vacate the building.

Leases are structured on a gross basis with tenants paying utilities. Ace Hardware has additional renewal options, including four more 5-year terms with escalations, and other tenants also have renewal options in place.

The center offers abundant parking with 144 surface spaces and provides easy access to I-75. The property is located at 4441 N Summit St in Toledo, Ohio, near the Ohio/Michigan border.

Key Highlights

  • Fully occupied shopping center anchored by long‑term tenant Ace Hardware
  • Owner occupies 5,800 SF and offers a 5‑year leaseback at $5.50/SF (or buyer can vacate the building)
  • All leases are gross, with tenants paying utilities

Property Analytics

Current Use

Advanced Truck Insurance ... Insurance Agency Mattress By Appointment ... Furniture & Home Goods icandy photography Photography Service Professional Remodelers Organization Charitable Organization P2K9 Training Animal Training

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 89% Home Improvements & Furnishings 11%
Dollar Tree Shops & Services
9,329 visits/mo 0.5 miles
Fifth Third Bank & ATM Shops & Services
3,195 visits/mo 0.4 miles
Point Place Hometown Hardware Home Improvements & Furnishings
1,486 visits/mo 0.0 miles

Demographics for 43611, OH

18,505
Population
8,854
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
2,535
Density / Sq Mi
$58,135
Median Household Income
$36,185
Median Earnings
$832
Median Rent
$117,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied shopping center anchored by Ace Hardware, with 144 parking spaces and easy access to I-75.
Where is this shopping center located?
The property is located at 4441 N Summit St Toledo, OH.
What are key features of this property?
This property features: Fully occupied shopping center anchored by long‑term tenant Ace Hardware; Owner occupies 5,800 SF and offers a 5‑year leaseback at $5.50/SF (or buyer can vacate the building); All leases are gross, with tenants paying utilities
More about this property
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