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    3140-3148 Secor Rd Toledo, OH 43606

    For Lease
    $16 SF/Yr

    Toledo Retail Center: Lease Opportunity

    Lot size:
    31,234 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail and office space, located at 3140-3148 Secor Road in Toledo, Ohio, offers a prime opportunity for businesses seeking a vibrant location. The Westgate Meadows property comprises a 31,234 square foot strip center with multiple tenancies, currently featuring a strong mix of medical tenants. Two spaces are immediately available, ranging in size from 1,500 to 6,400 square feet, providing flexibility for various business needs. The property boasts a highly visible location with prominent signage and excellent accessibility from West Central Avenue and Secor Road, ensuring high traffic and visibility. Ample parking is available for tenants and customers. Landlords are offering a tenant improvement allowance and are willing to build to suit, demonstrating a commitment to tenant satisfaction. The property's central location within the Westgate area of Toledo, in Lucas County (zip code 43606), offers easy access to a diverse customer base. The estimated 2022 Net Net Net (NNN) rent is $3.80 per square foot. This is an ideal opportunity for businesses seeking a well-established, conveniently located retail or office space in a thriving Toledo neighborhood. Contact us today to learn more about this exceptional leasing opportunity.

    Property Features for 3140-3148 Secor Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,234 SF
    Total Rate
    41645.33

    Unit(s) available at that property

    Space
    Suite 5-7
    Size
    6,400 SF
    Rate per SF
    $16
    Space
    Suite 12
    Size
    2,852 SF
    Rate per SF
    $16

    HighLights

    • 31,234 square foot strip center in Toledo, OH, with multiple tenancies, primarily medical.
    • Two available spaces: 1,500 - 6,400 square feet.
    • High visibility location at 3140‑3148 Secor Road, with ample parking.
    • Tenant improvement allowance and build‑to‑suit options available.
    • Estimated 2022 NNN rent: $3.80/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6217959
    Latitude
    41.6785967

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    FAQs

    What type of property is this?
    Neighborhood center - Toledo Retail Center: Lease Opportunity
    Where is this neighborhood center located?
    The property is located at 3140-3148 Secor Rd Toledo, OH.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 31,234 square foot strip center in Toledo, OH, with multiple tenancies, primarily medical.; Two available spaces: 1,500 - 6,400 square feet.; High visibility location at 3140-3148 Secor Road, with ample parking.
    Request Owner's contact information
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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
    3140-3148 Secor Rd Toledo, OH 43606
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