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Absolute NNN Restaurant Property
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4905 Monroe St, Toledo, OH 43623

BJ’s occupancy is structured under an absolute NNN lease with no landlord responsibilities.

Property Size7,600 SF
Price / SF$530.66
Days on Market168

Property Features for 4905 Monroe St

General Information

Standard status Active
Size 7,600 SF
Property subtype RETAIL
Listing Agency: JLL - Corporate
Listed By: Mohsin Mirza · License #475189943
Source: Moodyscre
Added: Mar 16 Changed: Aug 30 Last Checked: Aug 30 at 4:53PM

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 JLL - Corporate

Investment Insights

Based on property information with market context.

This 7,600-square-foot restaurant property at 4905 Monroe St in Toledo, Ohio, is leased to BJ’s under an absolute NNN structure. The arrangement assigns landlord responsibilities away from the property owner and is designed for passive ownership.

BJ’s is a publicly traded company under NASDAQ: BJRI and operates over 215 locations nationwide. The restaurant concept features craft beer, deep-dish pizza, and Pizookie desserts, with an upscale-casual format and broad menu offering.

Key Highlights

  • 7,600‑square‑foot restaurant property at 4905 Monroe St, Toledo, OH 43623
  • Absolute NNN lease structure
  • BJ’s identified as the tenant

Property Analytics

Current Use

BJ's Restaurant & Brewhouse Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Parking Lot & Garage Electrical Service Big Box & Wholesale Store

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

1,511
Businesses Nearby
766k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Apparel 35% Shops & Services 18% Groceries 2%
DICK'S Sporting Goods Apparel
101,399 visits/mo 0.4 miles
Kohl's Apparel
78,232 visits/mo 0.3 miles
JCPenney Apparel
49,131 visits/mo 0.2 miles
Panda Express Dining
38,915 visits/mo 0.4 miles
Olive Garden Dining
36,281 visits/mo 0.4 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 - BJ’s occupancy is structured under an absolute NNN lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 4905 Monroe St Toledo, OH.
What is the asking price?
The asking price for this property is $4,033,000.
What are key features of this property?
This property features: 7,600‑square‑foot restaurant property at 4905 Monroe St, Toledo, OH 43623; Absolute NNN lease structure; BJ’s identified as the tenant
(312) 228-2867 Call to check price and availability
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