Leased Retail
5033 Monroe St Toledo, OH 43623
5033 Monroe St, Toledo, OH, 43623
Contact for pricing
For Sale
Contact for pricing
Retail storefront offering current Petco tenancy through April 30, 2027 with extensive frontage and pylon signage.
Property Size22,009 SF
Price / SF$124.95
Days on Market16
Property Features for 5033 Monroe St
General Information
- Standard status
- Active
- Size
- 22,009 SF
- Property subtype
- RETAIL
Listing agency
SVN Ascension
(419) 377-0797
Listed by
Rami Sebai · License ##SAL.2021006201
(419) 377-0797
Source
Moodyscre
Added: Jul 6 Updated: Jul 20 at 6:20PM Checked: Jul 20 at 6:20PM
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 SVN Ascension
Investment Insights
Based on property information with market context.
This leased retail storefront is currently occupied by Petco, a national credit tenant, with lease term extending through April 30, 2027. Prospective buyers may have the opportunity to negotiate a renewal. Tenant net expense information is available upon request.
The property provides strong visibility with pylon and fascia signage, supported by a combined 250 feet of frontage along Talmadge Rd and Monroe St.
The asset is offered for sale as a retail space with ongoing tenant occupancy and dedicated retail frontage.
The property provides strong visibility with pylon and fascia signage, supported by a combined 250 feet of frontage along Talmadge Rd and Monroe St.
The asset is offered for sale as a retail space with ongoing tenant occupancy and dedicated retail frontage.
Key Highlights
- Currently leased to Petco (national credit tenant) through April 30, 2027; buyer may negotiate a renewal
- Retail storefront with 250 ft of total frontage along Talmadge Rd and Monroe St
- Excellent visibility with pylon and fascia signage
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $221.9k | $10.08 |
| − Vacancy | −$16.9k | −$0.77 |
| EGI | $205.0k | $9.31 |
| − OpEx | −$61.5k | −$2.79 |
| NOI | $143.5k | $6.52 |
22,009 SF · lease $10.08/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.05M
$1.79M – $2.39M
NOI $143,493 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.66M
$3.20M – $4.27M
NOI $256,396 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Retail storefront offering current Petco tenancy through April 30, 2027 with extensive frontage and pylon signage.
Where is this storefront property located?
The property is located at 5033 Monroe St Toledo, OH.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Currently leased to Petco (national credit tenant) through April 30, 2027; buyer may negotiate a renewal; Retail storefront with 250 ft of total frontage along Talmadge Rd and Monroe St; Excellent visibility with pylon and fascia signage
