Neighborhood Shopping Center with Pylon
For Sale
Contact for pricing
Pending
337 W Alexis Rd, Toledo, OH 43612
Fully occupied retail center with multiple curb cuts, street signage, and recently updated building systems.
Property SizeContact for details
Days on Market142
Property Features for 337 W Alexis Rd
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Net Operating Income
$158,996
Site & Location
Pylon Signage
Yes
Traffic Count
20,377 vehicles/day
Road Access
Yes
Additional Details
Cap Rate
10%
Building Details
Tenancy
Multi
Listing Agency:
Reichle | Klein Group
(419) 794-6045
Listed By:
Joe Belinske · License #OH 0000320016
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 12:43PM
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 100% occupied and includes multiple retail units supported by two curb cuts and three pylon signs. Most units have new AC units, while the roof was replaced in 2011. The property offers a multi-tenant retail configuration along W. Alexis Road.
The center has 228' of frontage on Alexis Rd. and recorded traffic of 20,377 vpd. It is positioned just east of Bennet Rd. and west of Telegraph Rd., with a population of 192,139 within a 5-mile radius. Actual NOI is $158,996 and the reported cap rate is 10%.
The center has 228' of frontage on Alexis Rd. and recorded traffic of 20,377 vpd. It is positioned just east of Bennet Rd. and west of Telegraph Rd., with a population of 192,139 within a 5-mile radius. Actual NOI is $158,996 and the reported cap rate is 10%.
Key Highlights
- 100% occupancy across the neighborhood shopping center
- 228' of frontage on Alexis Rd. with 3 pylon signs
- 20,377 vpd on Alexis Rd.
Property Analytics
Property Profile
Current Use
Lease Details
20,377 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
199k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 35%
Groceries 24%
Dining 20%
Shops & Services 16%
Target
Superstores
69,162 visits/mo
0.3 miles
Kroger
Groceries
46,982 visits/mo
0.5 miles
McDonald's
Dining
28,773 visits/mo
0.4 miles
Kroger Fuel Center
Shops & Services
17,481 visits/mo
0.5 miles
GameStop
Electronics
7,547 visits/mo
0.4 miles
Demographics for 43612, OH
29,718
Population
13,409
Households
2.2
Avg Household Size
35
Median Age
13%
College-Educated
90%
High-School Grad
11.5 sq mi
ZIP Area
2,584
Density / Sq Mi
$50,484
Median Household Income
$33,770
Median Earnings
$976
Median Rent
$89,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- North Towne Commons — 851 W Alexis Rd, Toledo, OH 43612
- Coinstar Kiosk | Bitcoin ATM — Kroger - Columbus, 833 W Alexis Rd, Toledo, OH 43612
- Alexis Park Shopping Center — 5860 Lewis Ave, Toledo, OH 43612
- Pavilion Plaza — Consumer Square Shopping Center, 5973 Telegraph Rd, Toledo, OH 43612
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied retail center with multiple curb cuts, street signage, and recently updated building systems.
Where is this shopping center located?
The property is located at 337 W Alexis Rd Toledo, OH.
What are key features of this property?
This property features: 100% occupancy across the neighborhood shopping center; 228' of frontage on Alexis Rd. with 3 pylon signs; 20,377 vpd on Alexis Rd.
