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    3145 Central Ave Toledo, OH 43606

    For Lease
    $15 SF/Yr

    17 Suites, 1,700 SF Available, High Traffic

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, Cricket West, located at 3145 Central Ave in Toledo, Ohio (zip code 43606), offers a prime opportunity for businesses seeking high visibility and strong demographics. The single-building complex, constructed in 1960, boasts a total of 40,000 square feet and is comprised of 17 individual suites, with 1,700 square feet currently available for lease. Situated on a 1.934-acre lot, this multi-tenant property benefits from its strategic location within the established Westgate area, surrounded by major retailers including Costco, Fresh Market, Home Depot, Chick-fil-A, Culver's, and Sonic. The property's strong location is further supported by compelling demographics: a dense population of 105,163 people resides within a three-mile radius, exhibiting a median household income of $42,800. This translates to a robust customer base for businesses operating within the center. The property's established presence and convenient access to major roadways ensure high traffic and visibility, making it an ideal location for a variety of retail ventures. The available 1,700 square feet presents a versatile space adaptable to various business needs. This is a rare opportunity to secure a prominent retail space in a thriving Toledo neighborhood.

    Property Features for 3145 Central Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Total Rate
    50000

    Building Details

    Year Built
    1960
    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,700 SF
    Rate per SF
    $18

    HighLights

    • 40,000 SF retail property in Toledo, OH (43606) with 1,700 SF currently available for lease.
    • Located on a 1.93‑acre lot in the Westgate area, near Costco, Home Depot, and other major retailers.
    • Strong demographics: 105,163 people within a 3‑mile radius, $42,800 median household income.
    • Multi‑tenant building with diverse existing tenants including Dollop Shop, Zingo's, Calvinos, and Pure Barre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Yogaja Yoga Yoga Studio

    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
    -83.620586848432
    Latitude
    41.677177058356

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    FAQs

    What type of property is this?
    Restaurant - 17 Suites, 1,700 SF Available, High Traffic
    Where is this restaurant located?
    The property is located at 3145 Central Ave Toledo, OH.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 40,000 SF retail property in Toledo, OH (43606) with 1,700 SF currently available for lease.; Located on a 1.93-acre lot in the Westgate area, near Costco, Home Depot, and other major retailers.; Strong demographics: 105,163 people within a 3-mile radius, $42,800 median household income.
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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
    3145 Central Ave Toledo, OH 43606
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