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Toledo Retail Investment Opportunity
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4208 Airport Hwy, Toledo, OH 43615

24,520 SF retail building in Toledo, Ohio for sale.

Property Size24,520 SF
Price / SF$46.57
Days on Market148

Property Features for 4208 Airport Hwy

General Information

Standard status Active
Size 24,520 SF
Class C
Property subtype Retail
Zoning CN
Occupancy 100%
Lease Type NNN
Net Operating Income $102,769

Building Details

Year Built 1982
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Miller Diversified
Listed By: Kyle Jurgenson · License #MI 6501427812
Source: Crexi
Added: Mar 18 Changed: Aug 8 Last Checked: Aug 11 at 8:02PM

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 Miller Diversified

Investment Insights

Based on property information with market context.

This 24,520 SF building, constructed in 1982 and zoned CN, is located in Toledo, Ohio. The property is suitable for retail and street retail investors. The premises are 100% functionally leased, offering immediate returns and future growth potential. The location benefits from high traffic and excellent visibility, with ample parking available for customers. Additional income potential exists on the second floor. The property delivers a 9% CAP rate.

Key Highlights

  • Great investment opportunity with a 9% CAP Rate
  • 100% Functionally Leased Premises
  • High‑Traffic Location for optimal visibility

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center

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

725
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Dining 42%
Circle K Shops & Services
24,019 visits/mo 0.1 miles
Taco Bell Dining
14,204 visits/mo 0.1 miles
Dunkin' Donuts Dining
11,457 visits/mo 0.2 miles
Shell Shops & Services
10,771 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 24,520 SF retail building in Toledo, Ohio for sale.
Where is this retail space located?
The property is located at 4208 Airport Hwy Toledo, OH.
What is the asking price?
The asking price for this property is $1,141,877.
What are key features of this property?
This property features: Great investment opportunity with a 9% CAP Rate; 100% Functionally Leased Premises; High‑Traffic Location for optimal visibility
(419) 877-7777 Call to check price and availability
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