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NNN Property

236 NEW TOWNE SQUARE DR TOLEDO OH 43612-4625, Toledo, OH 43612

For Sale
Contact for pricing

A lease extension is scheduled for 2026.

Property SizeContact for details
Days on Market54

Property Features for 236 NEW TOWNE SQUARE DR TOLEDO OH 43612-4625

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 9.5%
Traffic Count 21,000 vehicles/day
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Michael A Cardone · License NY #10401311477
Source: Crexi
Added: Sep 22 Changed: Nov 2 Last Checked: Nov 12 at 7:48AM

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 Marcus & Millichap - Manhattan

Rey
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Investment Insights

Based on property information with market context.

This NNN property is associated with a 9.50% cap rate and a lease extension in 2026. The property is located at 236 New Towne Square Dr in Toledo, Ohio.

The listing information cites 21,000 vehicles per day and a population of 154,000. It does not specify the road associated with the traffic figure or the geographic area used for the population figure.

Key Highlights

  • 9.50% cap rate
  • Lease extension scheduled for 2026
  • 21,000 VPD cited in the listing information

Property Analytics

Current Use

CBD 4 YOU Alternative Medicine Practice Dollar General Discount Store Western Union Bank Vaporworld & CBD 4 ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Dental Office Hair Salon

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

21,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 30% Home Improvements & Furnishings 3% Hotels & Casinos 2%
BP Shops & Services
9,740 visits/mo 0.4 miles
Applebee's Dining
8,539 visits/mo 0.1 miles
Sunoco Shops & Services
7,118 visits/mo 0.5 miles
Dollar General Shops & Services
3,887 visits/mo 0.1 miles
SUBWAY Dining
3,761 visits/mo 0.1 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

Properties on Market for NNN properties in Lucas County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
NNN property - A lease extension is scheduled for 2026.
Where is this nnn property located?
The property is located at 236 NEW TOWNE SQUARE DR TOLEDO OH 43612-4625 Toledo, OH.
What is the asking price?
The asking price for this property is $1,008,758.
What are key features of this property?
This property features: 9.50% cap rate; Lease extension scheduled for 2026; 21,000 VPD cited in the listing information
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