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    920 Alexis Rd Toledo, OH 43612

    Sponsored
    For Lease
    $15 SF/Yr

    West Toledo Retail Opportunity: 1,120 SF Available

    Lot size:
    24,620 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Alexis Plaza, located at 920 W Alexis Rd in Toledo, Ohio (zip code 43612), presents a prime retail opportunity. This multi-tenant building offers a total of 24,620 square feet across four suites. Currently, 1,120 square feet of retail space is available for lease. The property is situated in the well-established West Toledo area, benefiting from high visibility and strong foot traffic. Nearby businesses include major retailers such as Michael's, Kroger, Ocean Garden Buffet, Home Depot, and Lowe's, creating a vibrant and convenient commercial environment. The property's diverse zoning allows for various uses, including office, restaurant, and special purpose spaces, providing flexibility for potential tenants. The building's strategic location and proximity to established businesses make it an ideal choice for businesses seeking high visibility and access to a substantial customer base. This is a fantastic opportunity to establish or expand your business in a thriving West Toledo commercial corridor. The available space offers significant potential for a variety of retail ventures. Interested parties are encouraged to inquire for further details and leasing information.

    Property Features for 920 Alexis Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,620 SF
    Total Rate
    30775

    Unit(s) available at that property

    Space
    Unit 7A
    Size
    1,120 SF
    Rate per SF
    $15

    HighLights

    • Strong tenant mix including Dollar Tree, Top Shotz Bar & Grill, and Rainbow Apparel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -83.564312063296
    Latitude
    41.722284058705

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    FAQs

    What type of property is this?
    Restaurant - West Toledo Retail Opportunity: 1,120 SF Available
    Where is this restaurant located?
    The property is located at 920 Alexis Rd Toledo, OH.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Strong tenant mix including Dollar Tree, Top Shotz Bar & Grill, and Rainbow Apparel.; ;
    Request Owner's contact information
    920 Alexis Rd Toledo, OH 43612
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    Toledo, OH 43612
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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
    920 Alexis Rd Toledo, OH 43612
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