3015 Glendale Ave Toledo, OH 43614
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.
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Hong Kong Buffet Restaurant Buffet
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Walmart Deli Food Market Restaurant
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GameStop Arcade & Gaming Center Electronics & Wireless Store
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Toledo Commons Shopping Center & Mall
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Moes Smokes (Bike/Boat/Book/etc) Store Alternative Medicine Practice
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
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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.