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    Toledo Shopping Center Investment Opportunity Title is generated by Realmo AI

    5255 Hill Ave, Toledo, OH

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    Fully occupied shopping center with long-term tenants and ample parking.

    Type:RETAIL
    Property size:
    10,000 SF
    Lot size:
    0.99 Acres
    Price / SF:
    $69/SF
    Added:
    Mar 14, 2025
    Days on Market:
    455
    Last Refresh:
    May 20 at 9:17 pm

    Property Features for 5255 Hill Ave

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Lot size
    0.99 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Joe Belinske
    Joe Belinske

    Listing agent Joe Belinske License #0000320016

    Listing office Reichle | Klein Group

    Listing date Mar 14, 2025

    Source Moodyscre

    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 Reichle | Klein Group

    HighLights

    • High Cap Rate: 10% indicates a strong return on investment.
    • 100% Occupancy: Guarantees immediate income stream.
    • Established Tenants: Long‑term tenants (15+ years) demonstrate stability and commitment.
    • Actual Net Operating Income: $70,034 provides a clear picture of profitability.
    • Ample Parking: 50 paved spaces offer convenience for customers.
    • Excellent Demographics: Large population (193,156 within 5 miles) ensures a strong customer base.

    Overview

    This shopping center presents an investment opportunity with 100% occupancy. Four of the six tenants have been at this location for more than 15 years, demonstrating a commitment to the area. The property features ample parking with 50 paved spaces. The actual Net Operating Income is $70,034, with a Cap Rate of 10%. The property is situated in an area with excellent demographics, including a population of 193,156 within a 5-mile radius. The property size is 10000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hill's Kitchen (Inside ... Restaurant Ollie's kitchen Restaurant Hill Market Grocery & Convenience Store Bitstop Bitcoin ATM Crypto Atm Anglican Church Of The Pentecost ... Church

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store 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
    -83.6669
    Latitude
    41.6384

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    FAQs

    What type of property is this?
    Shopping center - Fully occupied shopping center with long-term tenants and ample parking.
    Where is this shopping center located?
    The property is located at 5255 Hill Ave Toledo, OH.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: High Cap Rate: 10% indicates a strong return on investment.; 100% Occupancy: Guarantees immediate income stream.; Established Tenants: Long‑term tenants (15+ years) demonstrate stability and commitment.
    (419) 367-1001 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Joe Belinske
    Joe Belinske
    Real Estate License ID: 0000320016
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