Listing Agency: Reichle | Klein Group j***@rkgcommercial.com Show Phone

Listed By: Joe Belinske · License #OH 0000320016

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 7:15PM

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Investment Insights

Based on property information with market context.

The property comprises 16,000 SF of retail space at 4040-4114 Airport Highway in Toledo, Ohio. The offering carries a stated 10.50% CAP, providing a capitalization-rate metric for evaluating the asset.

Key Highlights

• 16,000 SF of retail space
• 10.50% CAP
• Located at 4040‑4114 Airport Highway, Toledo, OH 43615

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Pharmacy 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.

Location Intelligence

Trade Area within ½ mile

122

Businesses Nearby

6k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

6,367 visits/mo 0.1 miles

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - The asset provides a substantial retail footprint for commercial occupancy.

Where is this retail space located?

The property is located at 4040-4114 Airport Highway Toledo, OH.

What are key features of this property?

This property features: 16,000 SF of retail space; 10.50% CAP; Located at 4040‑4114 Airport Highway, Toledo, OH 43615