Property Details for 8310 Sylvania-Metamora Rd

Year built

2007

Lot size

2.56 lot acres

Property type

Retail properties & Spaces

Property subtype

Drug stores

Description

This exceptional retail property presents a unique investment opportunity. Located in Sylvania, Ohio, at the intersection of Sylvania-Metamora Road and Centennial Road, this former Rite Aid drugstore offers 14,564 square feet of space in a freestanding building on a sizable 2.56-acre lot. Built in 2007, the single-story structure features a convenient drive-through window. The property is currently vacant, having been occupied by Rite Aid for seventeen years until its recent closure. The site benefits from a high-traffic location, sharing the intersection with established businesses such as Metamora State Bank, S&G/Sunoco, and Centennial Terrace. Sylvania, a northwest suburb of Toledo, boasts a population of approximately 20,000 residents and is part of the Toledo MSA, with a population of 509,000. This prime location, situated in a predominantly residential area with limited drugstore competition, offers significant potential for a variety of retail uses, including grocery, general retail, home goods, childcare, or a convenience store/car wash. The property is available for sale or lease, offering a flexible investment option with a corporate guaranteed lease history. The absolute NNN lease structure provides a low-maintenance investment opportunity. This is a rare chance to acquire a well-located, substantial retail building in a thriving community.

Location Insight

City

Sylvania

County

Lucas

State

Ohio

Longitude

-83.7446

Latitude

41.7171