Spaces For Lease

at 5827 Lewis Ave Contact us

1120 W Alexis Rd

Type

LAND

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- 188,500 square foot shopping center on 27.8 acres anchored by Lowe’s Home Improvement... Store - 1AC pad site after 4.5AC - Redevelopment opportunities on 4.5 acres - Signalized intersection with access on w. Alexis & Lewis - Outstanding retail location with excellent visibility, demographics and traffic counts (approximately 57,500 vehicles pass site daily) - Signalized access off West Alexis Road - Area retail includes Home Depot, Target, Kroger, Ollie’s and TJ Maxx

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Listing Agency: Passov Real Estate Group Show Phone

Listed By: Bryant Bitar · License #SAL.2012003175 Show Phone

Source: Moodyscre

Added: Jul 22, 2025 Changed: Aug 8 Last Checked: Sep 13 at 8:06AM

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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 Passov Real Estate Group

Investment Insights

Based on property information with market context.

This 188,500-square-foot shopping center sits on 27.8 acres and is anchored by a Lowe’s Home Improvement Store. The site includes a 1-acre pad site following 4.5 acres, along with redevelopment opportunities on the additional 4.5-acre area.

Access is provided via a signalized intersection on W. Alexis & Lewis, with signalized access off West Alexis Road. The property is described as having strong visibility, with approximately 57,500 vehicles passing the site daily.

The surrounding retail tenant mix includes Home Depot, Target, Kroger, Ollie’s, and TJ Maxx.

Key Highlights

• 188,500 SF shopping center on 27.8 acres anchored by Lowe’s Home Improvement Store
• Signalized intersection access at W. Alexis & Lewis (West Alexis Road)
• Approximately 57,500 vehicles pass the site daily

Property Analytics

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Current Use

Shopping centers

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

57,500 VPD

Traffic count

Yes

Paved road access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

311

Businesses Nearby

401k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Shopping center anchored by Lowe’s, offering redevelopment acreage and a signalized access point at West Alexis and Lewis.

Where is this shopping center located?

The property is located at 5827 Lewis Ave Toledo, OH.

What are key features of this property?

This property features: 188,500 SF shopping center on 27.8 acres anchored by Lowe’s Home Improvement Store; Signalized intersection access at W. Alexis & Lewis (West Alexis Road); Approximately 57,500 vehicles pass the site daily