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Drive-Through Restaurant with Pylon Sign
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5395 Monroe St, Toledo, OH 43623

Fully equipped and furnished facility supports both dine-in and drive-through service.

Property SizeContact for details
Days on Market143

Property Features for 5395 Monroe St

General Information

Standard status Active
Total Parking Spaces 65
Property subtype Retail

Site & Location

Drive-Thru Yes
Pylon Signage Yes
Traffic Count 26,756 vehicles/day

Restaurant

Seating Capacity 88
Equipment Included Yes

Additional Details

Furnished Yes
Listing Agency: Reichle | Klein Group
Listed By: Joe Belinske · License #OH 0000320016
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:00PM

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

Investment Insights

Based on property information with market context.

Located at 5395 Monroe St in Toledo, this former Steak 'n Shake is a fully equipped and furnished drive-through restaurant. The facility includes seating for 88 guests, 65 paved parking spaces, a large pylon sign at the street, and two curb cuts for access.

The property sits on Monroe St, identified as Toledo’s retail corridor, with 26,756 vehicles per day. Franklin Park Mall, comprising more than 1,500,000 SF, is one mile east. The surrounding 5-mile area has a population of 182,737.

Key Highlights

  • Fully equipped and furnished drive‑through restaurant
  • Seating capacity of 88
  • 65 paved parking spaces

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Electrical Service HVAC Service 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

26,756 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

597
Businesses Nearby
249k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Dining 21% Groceries 11% Electronics 6%
Five Below Shops & Services
53,725 visits/mo 0.5 miles
Hobby Lobby Shops & Services
41,306 visits/mo 0.3 miles
Aldi Groceries
28,410 visits/mo 0.3 miles
Sakura Japanese Restaurant Dining
14,746 visits/mo 0.4 miles
Speedway Shops & Services
14,447 visits/mo 0.1 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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Fully equipped and furnished facility supports both dine-in and drive-through service.
Where is this drive through restaurant located?
The property is located at 5395 Monroe St Toledo, OH.
What are key features of this property?
This property features: Fully equipped and furnished drive‑through restaurant; Seating capacity of 88; 65 paved parking spaces
(419) 794-6045 Call to check price and availability
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