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Dominant Open Air Shopping Center
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5213 Monroe St, Toledo, OH 43623

Open air shopping center in Toledo, Ohio.

Space Size1,400 SF - 8,784 SF
Property Size543,378 SF
Days on Market961

Property Features for 5213 Monroe St

General Information

Standard status Active
Size 1,400 SF - 8,784 SF
Total Parking Spaces 2432
Property subtype Retail

Building Details

Building Size 543,378 SF
Tenancy Multiple

Spaces For Lease

at 5213 Monroe St Contact us

Suite 03

Size
1,440 SF
Type
Retail
Availability
Active
Contact us

Suite 05

Size
2,160 SF
Type
Retail
Availability
Active
Contact us

Suite 10

Size
1,400 SF
Type
Retail
Availability
Active
Contact us

Suite 16

Size
2,760 SF
Type
Retail
Availability
Active
Contact us

Suite 5201-03

Size
2,400 SF
Type
Retail
Availability
Active
Contact us

Suite 5327B

Size
8,784 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: J.C. Bar
Listed By: Greg Jones · License #NJ 2293073
Source: Crexi
Added: Jan 17, 2024 Changed: Sep 3 Last Checked: Sep 2 at 11:17PM

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 J.C. Bar

Investment Insights

Based on property information with market context.

The Monroe Street Portfolio is a dominant open-air shopping center located in Toledo, Ohio, within the Monroe Street Corridor. It ranks as the 3rd most visited property within a 30-mile radius, with over 5 million visits in the last 12 months. Toledo is a key economic and commercial hub in the Midwest, with a population of over 276,000 residents and a metropolitan area of over 600,000 people. The property is located 1.9 miles from Route 23 (with over 70,000 vehicles per day) and 2.0 miles from I-475 (with over 71,000 vehicles per day), offering roadway visibility and transportation infrastructure. The surrounding area has a 5-mile population of over 197,892 with an average household income of $72,693. Toledo has a diverse economy including healthcare, manufacturing, education, retail, and logistics. Major companies such as Owens Corning, Dana Incorporated, and Libbey Inc. contribute to the local economy, and the University of Toledo drives education and research activities.

Key Highlights

  • Dominant open‑air shopping center, ranking 3rd most visited in a 30‑mile radius with over 5 million visits in the last 12 months.
  • Ideal infill location with excellent roadway visibility and transportation infrastructure.
  • High traffic location: 1.9 miles from Route 23 and 2.0 miles from I‑475.

Property Analytics

Current Use

Citizens Bank ATM Atm Citizens ATM Atm

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Law Firm Auto Parts 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,174
Businesses Nearby
652k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 29% Superstores 21% Apparel 4%
Target Superstores
136,682 visits/mo 0.1 miles
Five Below Shops & Services
53,725 visits/mo 0.1 miles
Hobby Lobby Shops & Services
41,306 visits/mo 0.3 miles
Panda Express Dining
38,915 visits/mo 0.3 miles
Olive Garden Dining
36,281 visits/mo 0.3 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
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Open air shopping center in Toledo, Ohio.
Where is this shopping center located?
The property is located at 5213 Monroe St Toledo, OH.
What are key features of this property?
This property features: Dominant open‑air shopping center, ranking 3rd most visited in a 30‑mile radius with over 5 million visits in the last 12 months.; Ideal infill location with excellent roadway visibility and transportation infrastructure.; High traffic location: 1.9 miles from Route 23 and 2.0 miles from I‑475.
(610) 234-6491 Call to check price and availability
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