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Property profile & analytics
OFF-MARKET
Neighborhood centers

3015 Glendale Ave Toledo, OH 43614

53,000 SF Built 2004
Property ID
Property summary
AI-generated overview

Toledo Commons, a Class B, single-story retail strip center totaling 53,000 square feet, presents a prime investment opportunity in Lucas County. Built in 2004, this center boasts a highly desirable location in Toledo's most densely populated area, situated on Glendale Avenue between Detroit Street and Byrne Avenue. The property benefits from exceptional visibility and accessibility, with over 32,000 vehicles passing daily. Currently, two spaces are available, ranging from 1,200 to 2,580 square feet, ideal for a variety of retail uses. The center is anchored by a Walmart Supercenter and features a strong tenant mix of national retailers, including Dollar Tree, Rainbow Fashion, Sally Beauty, GameStop, Tan Pro, Great Clips, T-Mobile, and House of Meats. This strategic location, coupled with prominent pylon signage and signalized access, ensures high traffic and excellent exposure for potential tenants. The property's multiple tenancy structure offers flexibility and diverse income streams. This is a rare opportunity to acquire a well-established retail center in a thriving commercial corridor. The center's success is a testament to its powerful combination of location, visibility, and strong anchor tenants.

Property profile
Verified
Property type Neighborhood centers
Year built 2004
Total area 53,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hong Kong Buffet Restaurant Buffet
  • Walmart Deli Food Market Restaurant
  • GameStop Arcade & Gaming Center Electronics & Wireless Store
  • Toledo Commons Shopping Center & Mall
  • Moes Smokes (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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