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Retail Space Across From Target
For Lease
$23 SF/Yr

5236 Monroe St, Toledo, OH 43623

CR-zoned retail premises positioned near regional shopping, major roadway access, and an established national retailer.

Space SizeContact for details
Property Size13,166 SF
Days on Market551

Property Features for 5236 Monroe St

General Information

Standard status Active
Size 13,166 SF
Total Parking Spaces 105
Property subtype Retail
Zoning CR

Building Details

Building Size 13,166 SF
Year Built 2005
Buildings 1
Stories 1
Listing Agency: Signature Associates - Toledo
Listed By: Joe Francis · License #SALM.0000235319
Source: Cpix.resimplifi
Added: Feb 26, 2025 Changed: Aug 30 Last Checked: Aug 30 at 5:54AM

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 Signature Associates - Toledo

Investment Insights

Based on property information with market context.

This retail space contains 13,166 square feet in a building constructed in 2005 and carries CR zoning. The property is positioned opposite Target at a signalized intersection, providing a recognizable retail setting for customer-oriented commercial use.

The site is approximately ¾ mile west of Franklin Park Mall and about ½ mile from the expressway system. Its placement near established shopping and transportation connections supports convenient access from the surrounding Toledo area.

Key Highlights

  • 13,166‑square‑foot retail space
  • Constructed in 2005
  • CR zoning

Property Analytics

Current Use

Grape Leaf Express Restaurant Sushi Yoshi SteakStone&Seafood ... Restaurant Audiology Associates Ltd Medical Clinic Wild Birds Unlimited (Bike/Boat/Book/etc) Store Three Dog Bakery ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Law Firm Auto Parts Store

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

NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,089
Businesses Nearby
608k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Shops & Services 28% Superstores 22% Apparel 4%
Target Superstores
136,682 visits/mo 0.3 miles
Five Below Shops & Services
53,725 visits/mo 0.2 miles
Hobby Lobby Shops & Services
41,306 visits/mo 0.3 miles
Panda Express Dining
38,915 visits/mo 0.3 miles
Olive Garden Dining
36,281 visits/mo 0.4 miles

Demographics for 43623, OH

20,320
Population
10,056
Households
2
Avg Household Size
43
Median Age
31%
College-Educated
93%
High-School Grad
6.7 sq mi
ZIP Area
3,033
Density / Sq Mi
$65,908
Median Household Income
$40,496
Median Earnings
$933
Median Rent
$167,500
Median Home Value

Market

Lease Benchmarks for Toledo, OH

$13.65 /SF/Yr
Avg Asking Price
$10–$18 /SF/Yr
Price Range
10,907 SF
Avg Space Size

This space is priced 69% above the average of $13.65 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - CR-zoned retail premises positioned near regional shopping, major roadway access, and an established national retailer.
Where is this retail space located?
The property is located at 5236 Monroe St Toledo, OH.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 13,166‑square‑foot retail space; Constructed in 2005; CR zoning
More about this property
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