Property profile

5243 Airport Hwy Toledo, OH 43615

OFF-MARKET
Retail properties & Spaces
187,252 SF Built 1986
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Property summary

AI-generated overview

Airport Square, located at 5243 Airport Hwy in Toledo, Ohio, presents a significant retail opportunity. This established center, built in 1986, boasts a total of 187,252 square feet of retail space across multiple tenancies. Currently, 44,800 square feet are available for lease, offering flexible space options ranging from a minimum of 1,233 square feet to a maximum contiguous space of 25,000 square feet. The property sits on a substantial 22.92-acre lot and provides ample parking with 906 spaces for customer convenience. The property's location in Lucas County, Ohio, with a zip code of 43615, offers excellent visibility and accessibility. The property's parcel numbers are 20-06411 and 20-06431. This is an ideal location for businesses seeking high-traffic exposure and a well-established retail presence in the Toledo market. The available space presents a unique opportunity to establish or expand a retail operation within a thriving commercial center. Interested parties should inquire about lease terms and availability.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1986
Total area 187,252 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center Tutoring Service
  • Gym & Fitness Center Sports Field & Court
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Location

5243 Airport Hwy Toledo, OH 43615
Toledo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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