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Visible Retail Space in Northstar Plaza
For Lease
$13 SF/Yr

5737 Lewis Avenue, Toledo, OH 43612

Retail space with high visibility and strong co-tenants.

Space Size6,591 SF
Property Size18,334 SF
Days on Market172

Property Features for 5737 Lewis Avenue

General Information

Standard status Active
Size 6,591 SF
Property subtype Retail

Building Details

Building Size 18,334 SF
Year Built 1964

Spaces For Lease

at 5737 Lewis Avenue Contact us

Suite 5733 $13/SF/Yr

Suite
Suite 5733
Size
6,591 SF
Type
Other
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Reichle Klein Group
Listed By: Ryan Miller · License #2011003129
Source: Commercialcafe
Added: Mar 26 Changed: Sep 11 Last Checked: Sep 13 at 4:19AM

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.

This retail space, situated in Northstar Plaza, features 191 feet of frontage on Alexis Rd., a four-lane street equipped with a center turn lane and two curb cuts. The location benefits from high visibility, with a daily traffic count of 23,467 vehicles as of 2024. The storefront includes large display windows, multiple offices, restrooms, storage areas, and a kitchen/break room. Tenants have access to signage opportunities on the plaza’s pylon sign located at the entrance. The property is equipped with a fire suppression system and a 12’x12’ overhead door. A roof warranty against leaks is in effect through December 2037. The property is part of a retail center with co-tenants such as O’Reilly Auto Parts, T-Mobile, Burger King, Dairy Queen, and Home Depot.

Key Highlights

  • High traffic location: 191 feet of frontage on Alexis Rd. with 23,467 vehicles passing daily.
  • Prime signage opportunities on the plaza’s large pylon sign.
  • Strong co‑tenancy: Located in Northstar Plaza with O’Reilly Auto Parts, T‑Mobile, Burger King, Dairy Queen, and Home Depot.

Property Analytics

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Current Use

O'Reilly Auto Parts Auto Parts Store First Call Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Spa & Massage Center

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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby
401k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 31% Dining 21% Superstores 17% Home Improvements & Furnishings 13%
Target Superstores
69,162 visits/mo 0.4 miles
Kroger Groceries
46,982 visits/mo 0.3 miles
Michaels Shops & Services
31,140 visits/mo 0.3 miles
McDonald's Dining
28,773 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
26,906 visits/mo 0.2 miles

Demographics for 43612, OH

29,718
Population
13,409
Households
2.2
Avg Household Size
35
Median Age
13%
College-Educated
90%
High-School Grad
11.5 sq mi
ZIP Area
2,584
Density / Sq Mi
$50,484
Median Household Income
$33,770
Median Earnings
$976
Median Rent
$89,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Toledo, OH

$13.48 /SF/Yr
Avg Asking Price
$9–$23 /SF/Yr
Price Range
12,153 SF
Avg Space Size

This space is priced 4% below the average of $13.48 /SF/Yr.

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?
Retail space - Retail space with high visibility and strong co-tenants.
Where is this retail space located?
The property is located at 5737 Lewis Avenue Toledo, OH.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: High traffic location: 191 feet of frontage on Alexis Rd. with 23,467 vehicles passing daily.; Prime signage opportunities on the plaza’s large pylon sign.; Strong co‑tenancy: Located in Northstar Plaza with O’Reilly Auto Parts, T‑Mobile, Burger King, Dairy Queen, and Home Depot.
More about this property
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