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Multi-Tenant Shopping Center

5325 Airport Highway, Toledo, OH 43615

For Sale
$13,000,000

Retail uses include entertainment, medical, education, and food, with 80% occupancy.

Property Size187,252 SF
Lot Size22.92 Acres
Days on Market9

Property Features for 5325 Airport Highway

General Information

Standard status Active
Size 187,252 SF
Lot size 22.92 Acres
Property subtype Retail
Zoning C-4: Commercial
Occupancy 80%

Site & Location

Corner Location Yes
Traffic Count 63,500 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Tenant in Place Yes

Building Details

Building Size 187,252 SF
Year Built 1986
Tenancy Multi
Listing Agency: SRS Real Estate Partners - Global Company
Listed By: Jack Cornell · License #9518385-SA00
Source: Srsre
Added: Oct 30 Changed: Nov 3 Last Checked: Nov 6 at 5:06AM

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 SRS Real Estate Partners - Global Company

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Investment Insights

Based on property information with market context.

This 22.92-acre shopping center contains over 187,000 SF of retail space and is 80% occupied. Tenants represent entertainment, medical, educational, and food uses. Urban Air Trampoline Park has signed a 10-year lease. The property is zoned C-4: Commercial and was built in 1986.

The center occupies the signalized intersection of U.S. Highway 20 and Airport Highway, where combined traffic is 63,500 vehicles per day. Interstate 475 is 1.2 miles away, with 88,400 vehicles per day, and the property has convenient on- and off-ramp access. Two monument signs are on site.

Nearby retailers include Lowe’s, Kohl’s, Target, Walmart Supercenter, Sam’s Club, Best Buy, Dick’s Sporting Goods, Menards, Kroger, and ALDI. The trade area includes more than 166,000 residents and 87,000 employees, with average household income above $100,000.

Key Highlights

  • Over 187,000 SF of retail space on 22.92 acres
  • 80% occupancy; tenant uses include entertainment, medical, educational, and food
  • Urban Air Trampoline Park signed a 10‑year lease

Property Analytics

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Current Use

Airport Square Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Law Firm Auto Parts Store Skin Care Clinic

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

63,500 VPD
Traffic count
80%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby
90k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 36% Home Improvements & Furnishings 30% Shops & Services 21% Electronics 13%
Lowe's Home Improvements & Furnishings
26,669 visits/mo 0.2 miles
Wendy's Dining
13,729 visits/mo 0.2 miles
Starbucks Dining
11,710 visits/mo 0.2 miles
Pet Supplies Plus Shops & Services
10,023 visits/mo 0.0 miles
Verizon Electronics
6,673 visits/mo 0.2 miles

Demographics for 43615, OH

39,449
Population
19,620
Households
2
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
16.5 sq mi
ZIP Area
2,391
Density / Sq Mi
$58,466
Median Household Income
$38,196
Median Earnings
$1,014
Median Rent
$137,300
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • South Village Square Shopping Center — Toledo, OH 43615
  • Gundham Tanaka's Pet Store — toledo, oh 43615
  • Airport Square — 5325 Airport Hwy, Toledo, OH 43615
  • Mother Earth's shopping plaza — 5444 Airport Hwy #10, Toledo, OH 43615

Frequently Asked Questions

What type of property is this?
Shopping center - Retail uses include entertainment, medical, education, and food, with 80% occupancy.
Where is this shopping center located?
The property is located at 5325 Airport Highway Toledo, OH.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: Over 187,000 SF of retail space on 22.92 acres; 80% occupancy; tenant uses include entertainment, medical, educational, and food; Urban Air Trampoline Park signed a 10‑year lease
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