Toledo Retail Corridor NNN
For Sale
Contact for pricing
5290 Monroe Street, Toledo, OH
NNN leased retail property in Toledo's prime retail corridor.
Property Size9,645 SF
Lot Size1.07 Acres
Price / SF$318.51
Days on Market833
Property Features for 5290 Monroe Street
General Information
Standard status
Active
Size
9,645 SF
Lot size
1.07 Acres
Property subtype
RETAIL
Listing Agency:
STNL Development
(689) 666-9559
Listed By:
Eric Parrs
Source:
Moodyscre
Added: Apr 29, 2024
Changed: Jul 6
Last Checked: Aug 8 at 12:01PM
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 STNL Development
Investment Insights
Based on property information with market context.
This property is located along Toledo’s premiere retail corridor, adjacent to Target, Marshalls, and Starbucks. The location drives shoppers to the market daily, resulting in increasing sales. The property features an absolute NNN Mattress Firm lease with zero landlord responsibilities. Mattress Firm is scheduled to be acquired by Tempur-Sealy International, Inc. (NYSE:TPX) later this year, enhancing Mattress Firm’s credit and improving the long-term viability of the company. The property contains 9,645 square feet.
Key Highlights
- Absolute NNN Lease: Enjoy zero landlord responsibilities.
- Credit Enhancement: Mattress Firm acquisition improves long‑term viability.
- Prime Retail Corridor: Located adjacent to Target, Marshalls, and Starbucks.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,031
Businesses Nearby
529k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 30%
Dining 28%
Superstores 26%
Apparel 5%
Target
Superstores
136,682 visits/mo
0.3 miles
Five Below
Shops & Services
53,725 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
41,306 visits/mo
0.1 miles
Panda Express
Dining
38,915 visits/mo
0.5 miles
Gabe's
Shops & Services
25,045 visits/mo
0.3 miles
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - NNN leased retail property in Toledo's prime retail corridor.
Where is this storefront property located?
The property is located at 5290 Monroe Street Toledo, OH.
What is the asking price?
The asking price for this property is $3,072,000.
What are key features of this property?
This property features: Absolute NNN Lease: Enjoy zero landlord responsibilities.; Credit Enhancement: Mattress Firm acquisition improves long‑term viability.; Prime Retail Corridor: Located adjacent to Target, Marshalls, and Starbucks.
