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    3420 Secor Rd Toledo, OH 43606

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    Toledo Shopping Center: Prime Retail Opportunity

    Lot size:
    68,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail space, located at 3420 Secor Rd in Toledo, Ohio, presents a unique investment opportunity within the highly sought-after Secor Square shopping center. The property boasts a total of 68,680 square feet across multiple buildings, featuring a diverse mix of national tenants. A significant 30,002 square foot space, previously occupied by a Whole Foods Market, is currently available for sublease. This Class A property benefits from a prime location, enjoying direct access to a signalized intersection and proximity to a four-way interstate interchange, ensuring high visibility and accessibility. Its strategic location near the University of Toledo further enhances its appeal. The property offers excellent signage opportunities, including monument and building signage. The surrounding area demonstrates strong demographics, with 105,307 people residing within a three-mile radius and a median household income of $58,426. Secor Road itself experiences high traffic volume, with 22,031 vehicles passing daily. This combination of factors makes this retail space an ideal location for a variety of businesses seeking high visibility and a strong customer base in a thriving commercial area of Lucas County, Ohio, zip code 43606.

    Property Features for 3420 Secor Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    68,680 SF
    Class
    A

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    30,002 SF

    HighLights

    • High‑traffic location on Secor Road with excellent visibility.
    • 10,000 square feet of flexible commercial space available.
    • Recently renovated with modern finishes and updated systems.
    • Ample on‑site parking for tenants and customers.
    • Ideal for a variety of commercial uses, including retail, office, and light industrial.
    • Competitive lease rates and flexible lease terms available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Amazon Locker - Blackboard Mailing Service Genji Sushi Sushi Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6212908
    Latitude
    41.6829151

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    FAQs

    What type of property is this?
    Lifestyle center - Toledo Shopping Center: Prime Retail Opportunity
    Where is this lifestyle center located?
    The property is located at 3420 Secor Rd Toledo, OH.
    What are key features of this property?
    This property features: High-traffic location on Secor Road with excellent visibility.; 10,000 square feet of flexible commercial space available.; Recently renovated with modern finishes and updated systems.
    Request Owner's contact information
    3420 Secor Rd Toledo, OH 43606
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    Toledo, OH 43606
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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
    3420 Secor Rd Toledo, OH 43606
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