5255 Hill Ave Toledo, OH

Listing agency Reichle | Klein Group j***@rkgcommercial.com Show Phone

Listed by Joe Belinske · License #0000320016 Show Phone

Source Moodyscre

Added: Mar 14, 2025 Updated: Jul 6 at 10:21AM Checked: Jul 21 at 6:39AM

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Investment Insights

Based on property information with market context.

This shopping center presents an investment opportunity with 100% occupancy. Four of the six tenants have been at this location for more than 15 years, demonstrating a commitment to the area. The property features ample parking with 50 paved spaces. The actual Net Operating Income is $70,034, with a Cap Rate of 10%. The property is situated in an area with excellent demographics, including a population of 193,156 within a 5-mile radius. The property size is 10000 square feet.

Key Highlights

• High Cap Rate: 10% indicates a strong return on investment.
• 100% Occupancy: Guarantees immediate income stream.
• Established Tenants: Long‑term tenants (15+ years) demonstrate stability and commitment.

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FAQs

What type of property is this?

Shopping center - Fully occupied shopping center with long-term tenants and ample parking.

Where is this shopping center located?

The property is located at 5255 Hill Ave Toledo, OH.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: High Cap Rate: 10% indicates a strong return on investment.; 100% Occupancy: Guarantees immediate income stream.; Established Tenants: Long‑term tenants (15+ years) demonstrate stability and commitment.