Retail Storefront
For Sale
Contact for pricing
3465 Stickney Avenue, Toledo, OH 43608
For sale retail storefront opportunity in Toledo, suitable for neighborhood-facing retail uses.
Property Size2,872 SF
Price / SF$172.35
Days on Market97
Property Features for 3465 Stickney Avenue
General Information
Standard status
Active
Size
2,872 SF
Total Parking Spaces
30
Property subtype
Retail
Zoning
CR- Regional Commercial
Investment Type
Owner/User
Building Details
Year Built
1984
Listing Agency:
Reichle | Klein Group
Listed By:
Duke Wheeler · License #OH 2002018621
(419) 861-1100
Source:
Crexi
Added: Jun 3
Changed: Aug 22
Last Checked: Sep 7 at 9:59AM
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 offering is a retail storefront property presented for sale. The asset is identified as retail space and storefront commercial real estate, with a total property size of 2,872 square feet. The listing directs interested parties to the complete property profile for additional specifics on the building and configuration.
The property is located at 3465 Stickney Avenue in Toledo, Ohio 43608. For accurate details regarding access, frontage, and surrounding context, the complete property profile should be reviewed, as those specifics are not included in the information provided here.
For tenants or buyers seeking a street-level retail format, a storefront property can support a wide range of retail concepts where customer visibility and walk-up access are important. Review the complete property profile to confirm suitability for your intended use, including any building improvements and layout details that impact operations.
The property is located at 3465 Stickney Avenue in Toledo, Ohio 43608. For accurate details regarding access, frontage, and surrounding context, the complete property profile should be reviewed, as those specifics are not included in the information provided here.
For tenants or buyers seeking a street-level retail format, a storefront property can support a wide range of retail concepts where customer visibility and walk-up access are important. Review the complete property profile to confirm suitability for your intended use, including any building improvements and layout details that impact operations.
Key Highlights
- Retail storefront opportunity for neighborhood‑facing retail uses in Toledo
- Building constructed in 1984
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,725
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$374,500
$374.5K
Cap Rate 7%
$267,500
$267.5K
Cap Rate 9%
$208,056
$208.1K
Market Conditions
NOI Build-Up for 2,872 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$28.9K $10.08/SF
− Vacancy
−$2.2K −$0.77/SF
EGI
$26.7K $9.31/SF
− OpEx
−$8.0K −$2.79/SF
NOI
$18.7K $6.52/SF
Area
Toledo, OH
Vacancy
7.60%
Lease Rate
$10.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$374,500
Cap Rate 7%
$267,500
Cap Rate 9%
$208,056
Alternative Uses
Best Use
Retail
$267.5K
$234.1K – $312.1K
NOI $18,725 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$478.0K
$418.2K – $557.6K
NOI $33,458 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
81k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 33%
Apparel 10%
Groceries 8%
McDonald's
Dining
14,456 visits/mo
0.2 miles
Wendy's
Dining
9,263 visits/mo
0.1 miles
Marathon
Shops & Services
9,158 visits/mo
0.1 miles
Arby's
Dining
6,740 visits/mo
0.2 miles
Dollar Tree
Shops & Services
6,659 visits/mo
0.2 miles
Demographics for 43608, OH
12,948
Population
6,419
Households
2
Avg Household Size
35
Median Age
10%
College-Educated
75%
High-School Grad
3.3 sq mi
ZIP Area
3,924
Density / Sq Mi
$28,535
Median Household Income
$24,107
Median Earnings
$828
Median Rent
$41,100
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.
Frequently Asked Questions
What type of property is this?
Retail space - For sale retail storefront opportunity in Toledo, suitable for neighborhood-facing retail uses.
Where is this retail space located?
The property is located at 3465 Stickney Avenue Toledo, OH.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Retail storefront opportunity for neighborhood‑facing retail uses in Toledo; Building constructed in 1984
