4011 Secor Rd Toledo, OH 43623
This 15,500 square foot shopping center in Toledo, Ohio, presents a compelling investment opportunity. Located at 4011-4015 Secor Road, this multi-tenant property boasts 100% occupancy with established, long-term tenants demonstrating strong commitment to the area. The property features ample parking (90 paved spaces) and excellent accessibility via three curb cuts. High traffic counts (20,950 vehicles per day) on Secor Road, combined with prominent frontage on both Secor Road and Sylvania Avenue, ensure significant visibility. The strong demographics are further supported by a population of 104,218 within a 3-mile radius, and the property benefits from proximity to major businesses including Mercy Health/St. Anne Hospital, Toledo Clinic, Rite Aid, Walgreens, Kroger, and Best Buy. The property is offered at $2,575,000, with a pro-forma cap rate of 7.55%. The lease type is NNN. Below-market rents suggest potential for increased returns. This is a rare opportunity to acquire a well-positioned, fully occupied retail investment property in a thriving Toledo location.
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Cash Plus Bank Credit Union
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Eric Hohenberger, OD Ophthalmologist (Bike/Boat/Book/etc) Store
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Three Amigos Optical Ophthalmologist (Bike/Boat/Book/etc) Store
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D. Levine Physician
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Michael A. Cooper, OD Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.