NNN Restaurant Investment
For Sale
Contact for pricing
2823 W Central Avenue, Toledo, OH 43606
Multi-suite commercial property with an operating restaurant lease and additional space available for occupancy.
Property SizeContact for details
Days on Market145
Property Features for 2823 W Central Avenue
General Information
Standard status
Active
Property subtype
Industrial, Office, Retail
Listing Agency:
Reichle | Klein Group
(419) 861-1100
Listed By:
Peter Shawaker · License #OH 0000341752
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 9:13AM
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 NNN commercial property combines an operating restaurant tenancy with additional space available for occupancy. The available area totals 2,543 SF, divided into spaces of 1,350 SF and 1,193 SF. The property contains 4,656 SF and includes a 121 SF common vestibule. Mr. Hero occupies 2,135 SF under a five-year NNN lease, with utilities paid separately.
The property is located six blocks from the University of Toledo, which has more than 23,000 students. It is also near the Old Orchard neighborhood and Ottawa Hills, identified in the property information as having more than 4,500 residents and average household income exceeding $100,000. The nearby Westgate shopping district includes Costco, Fresh Market, Rite Aid, Sears, and Whole Foods.
The property is located six blocks from the University of Toledo, which has more than 23,000 students. It is also near the Old Orchard neighborhood and Ottawa Hills, identified in the property information as having more than 4,500 residents and average household income exceeding $100,000. The nearby Westgate shopping district includes Costco, Fresh Market, Rite Aid, Sears, and Whole Foods.
Key Highlights
- 2,543 SF available in two areas: 1,350 SF and 1,193 SF
- 4,656 SF property with a 121 SF common vestibule
- Mr. Hero occupies 2,135 SF under a five‑year NNN lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
784
Businesses Nearby
109k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Home Improvements & Furnishings 32%
Shops & Services 19%
Superstores 15%
The Home Depot
Home Improvements & Furnishings
34,469 visits/mo
0.4 miles
Dunkin' Donuts
Dining
17,449 visits/mo
0.3 miles
Big Lots
Superstores
16,421 visits/mo
0.5 miles
Wendy's
Dining
15,996 visits/mo
0.5 miles
BP
Shops & Services
11,940 visits/mo
0.5 miles
Demographics for 43606, OH
25,671
Population
11,700
Households
2.2
Avg Household Size
31
Median Age
42%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
3,949
Density / Sq Mi
$60,308
Median Household Income
$32,997
Median Earnings
$938
Median Rent
$165,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Multi-suite commercial property with an operating restaurant lease and additional space available for occupancy.
Where is this nnn property located?
The property is located at 2823 W Central Avenue Toledo, OH.
What are key features of this property?
This property features: 2,543 SF available in two areas: 1,350 SF and 1,193 SF; 4,656 SF property with a 121 SF common vestibule; Mr. Hero occupies 2,135 SF under a five‑year NNN lease
