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O'Reilly Auto Parts NNN Property
For Sale
Contact for pricing
Pending

4656 Monroe St, Toledo, OH 43623

Freestanding retail asset leased under an absolute NNN structure to O'Reilly Auto Parts.

Property SizeContact for details
Days on Market143

Property Features for 4656 Monroe St

General Information

Standard status Pending
Property subtype Retail

Building Details

Buildings 1
Tenancy Single
Listing Agency: CrownPoint Partners
Listed By: Julius Swolsky · License #02074212
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Apr 12 at 8:28AM

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 CrownPoint Partners

Investment Insights

Based on property information with market context.

This freestanding O'Reilly Auto Parts property uses the retailer's large-format Mega Hub concept and is subject to an absolute NNN lease. The tenant recently extended the lease, with over 12 years remaining on the current term, and completed a significant capital investment in the building. O'Reilly Auto Parts carries an S&P BBB+ rating.

The property is located at 4656 Monroe St in Toledo, Ohio, within a retail corridor that includes Costco, Kroger, Whole Foods, Chick-fil-A, Walgreens, AutoZone, Starbucks, McDonald's, Taco Bell, Chipotle, Dollar General, and Big Lots. Nearly 100,000 people live within a 3-mile radius, and average household income within that radius is over $69,000.

Key Highlights

  • Absolute NNN lease with over 12 years remaining on the term
  • O'Reilly Auto Parts Mega Hub in a large‑format store design
  • Tenant recently extended the lease and invested significant capital in the building

Property Analytics

Current Use

O'Reilly Auto Parts Auto Parts Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Electrical Service Auto Repair Shop

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,665
Businesses Nearby
309k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Shops & Services 24% Groceries 22% Electronics 11%
Kroger Groceries
69,138 visits/mo 0.3 miles
Texas Roadhouse Dining
33,794 visits/mo 0.5 miles
Best Buy Electronics
30,030 visits/mo 0.4 miles
Dollar Tree Shops & Services
25,914 visits/mo 0.1 miles
Bubba's 33 Dining
21,938 visits/mo 0.5 miles

Demographics for 43623, OH

20,320
Population
10,056
Households
2
Avg Household Size
43
Median Age
31%
College-Educated
93%
High-School Grad
6.7 sq mi
ZIP Area
3,033
Density / Sq Mi
$65,908
Median Household Income
$40,496
Median Earnings
$933
Median Rent
$167,500
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
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding retail asset leased under an absolute NNN structure to O'Reilly Auto Parts.
Where is this nnn property located?
The property is located at 4656 Monroe St Toledo, OH.
What are key features of this property?
This property features: Absolute NNN lease with over 12 years remaining on the term; O'Reilly Auto Parts Mega Hub in a large‑format store design; Tenant recently extended the lease and invested significant capital in the building
(949) 942-1300 Call to check price and availability
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