Renovated Retail Shopping
For Sale
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1724 - 1734 W Laskey Road, Toledo, OH 43613
Renovated shopping center with 89% occupancy, building and pylon signage, and multiple curb cuts off W. Laskey Road.
Property SizeContact for details
Days on Market124
Property Features for 1724 - 1734 W Laskey Road
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
NAI Harmon Group
(419) 794-6045
Listed By:
Jason Westendorf · License #OH
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 7:06PM
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 NAI Harmon Group
Investment Insights
Based on property information with market context.
This renovated retail shopping center offers a mix of current occupancy and near-term stabilization. The property has undergone extensive renovations and is 89% occupied, with occupancy expected to reach 100% by 9/1/2020. Signage includes (2) pylon signs plus building signage, supporting visibility for retail tenants. On-site parking totals 34 spaces, with adjacent overflow parking available. Access is provided by four curb cuts off W. Laskey Road.
The marketing materials indicate a cap rate of 7.81% based on current occupancy. The area is described as having a largely disconnected relationship to freeway access, with a 100,000+ population within three miles. Kroger is adjacent and is described as consistently performing among the top-three stores in the region.
The marketing materials indicate a cap rate of 7.81% based on current occupancy. The area is described as having a largely disconnected relationship to freeway access, with a 100,000+ population within three miles. Kroger is adjacent and is described as consistently performing among the top-three stores in the region.
Key Highlights
- Renovated retail shopping center with 89% current occupancy
- Occupancy projected to reach 100% by 9/1/2020
- Cap rate of 7.81% based on current occupancy
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
124k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 40%
Home Improvements & Furnishings 6%
Beauty & Spa 3%
Dollar Tree
Shops & Services
21,807 visits/mo
0.3 miles
Speedway
Shops & Services
16,881 visits/mo
0.3 miles
Wendy's
Dining
16,590 visits/mo
0.4 miles
Tim Hortons
Dining
10,976 visits/mo
0.4 miles
Huntington Bank
Shops & Services
10,235 visits/mo
0.2 miles
Demographics for 43613, OH
32,116
Population
14,376
Households
2.2
Avg Household Size
37
Median Age
23%
College-Educated
93%
High-School Grad
6.1 sq mi
ZIP Area
5,265
Density / Sq Mi
$63,425
Median Household Income
$41,877
Median Earnings
$895
Median Rent
$125,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Renovated shopping center with 89% occupancy, building and pylon signage, and multiple curb cuts off W. Laskey Road.
Where is this shopping center located?
The property is located at 1724 - 1734 W Laskey Road Toledo, OH.
What are key features of this property?
This property features: Renovated retail shopping center with 89% current occupancy; Occupancy projected to reach 100% by 9/1/2020; Cap rate of 7.81% based on current occupancy
