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    2903 Dorr St Toledo, OH 43607

    For Lease
    $14 SF/Yr ($16,440 /Mo)

    Prime retail space near University of Toledo.

    Lot size:
    14,092 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This professionally maintained retail center, known as Rocket Center, offers exceptional opportunities for businesses seeking high visibility and foot traffic. Located at 2903 Dorr St, Toledo, OH 43607, this property boasts a total of 14,092 square feet and currently has two available retail spaces. The spaces range in size from 912 square feet to 2,201 square feet, with the possibility of combining suites B-1 and B-2 for a larger footprint. The center benefits from its strategic location directly across from the University of Toledo's main campus, home to approximately 23,000 students, ensuring a consistent flow of potential customers. High traffic counts further enhance the property's appeal, with 18,411 vehicles passing daily on Dorr Street and 12,750 vehicles on Douglas Road. Ample parking is available on-site, with approximately 95 spaces to accommodate customers and employees. This multi-tenant retail storefront presents a compelling investment opportunity in a vibrant and densely populated area. The property is situated in Lucas County, Ohio, providing easy access to a large consumer base. This is an ideal location for businesses seeking to capitalize on the significant student population and high traffic volume in this established commercial area.

    Property Features for 2903 Dorr St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,092 SF
    Total Rate
    16440.67

    Unit(s) available at that property

    Space
    Suite B-1
    Size
    2,201 SF
    Rate per SF
    $14
    Space
    Suite B-2
    Size
    2,201 SF
    Rate per SF
    $14
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Allure' Hookah Lounge Hookah Bar Mozza! - Pizza and Wings Pizza Delivery Sahara Express Grill Middle Eastern Restaurant Sunika Sneakers Shoe Store Rock it Nutrition Health Food Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6126008
    Latitude
    41.6526045

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    FAQs

    What type of property is this?
    Individual retail property - Prime retail space near University of Toledo.
    Where is this individual retail property located?
    The property is located at 2903 Dorr St Toledo, OH.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    Request Owner's contact information
    2903 Dorr St Toledo, OH 43607
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    Toledo, OH 43607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2903 Dorr St Toledo, OH 43607
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