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4735 Monroe St Toledo, OH 43623

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For Sale
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6,000 SF retail plaza with high visibility and traffic.

Property size:
1,500 SF
Lot size:
0.83 Acres

Property Features for 4735 Monroe St

General Information

Size
1,500 SF
Lot size
0.83 Acres

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Listing Contact
Chad Ulmer
Chad Ulmer
Source: Moodyscre

Listing Agency: Reichle | Klein Group Listing Agent: Chad Ulmer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Multi-Tenant Retail Strip Plaza

This 6,000 SF multi-tenant retail strip plaza features two long-term tenants, Cirilla's and Steel Addictions Tattoo, along with a new tenant, Total Wireless. The property benefits from excellent visibility, enhanced by pylon signage at both entrances. It experiences high vehicular traffic, supported by easy access to Monroe Street and Sylvania Avenue, with 18,779 vehicles per day on Sylvania Ave. and 20,308 vehicles per day on Monroe St. The location has a dense daytime population of approximately 102,000 people within a 3-mile radius. Ample parking is available on the property. The property has a cap rate of 7.59% and a Net Operating Income of $75,180, with an average rent of $12.53/SF NNN.
Location Intelligence

Current Use by Public Records

Tim Hortons Cafe & Coffee Shop

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Toledo
County
Wood
State
Ohio
Longitude
-83.6289809
Latitude
41.6919964

FAQs

What type of property is this?
Strip mall - 6,000 SF retail plaza with high visibility and traffic.
Where is this strip mall located?
The property is located at 4735 Monroe St Toledo, OH.
What are key features of this property?
This property features: - High vehicular traffic (18,779 vpd on Sylvania Ave. and 20,308 vpd on Monroe St.); - Boasts a Cap Rate of 7.59%; - Net Operating Income = $75,180
(419) 861-1100 Call to check price and availability
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