5225 Airport Hwy Toledo, OH 43615
- Neighborhood centers
- 187,124 SF
- 22.91 lot acres
Current Use by Public Records
- Qwick Bitcoin ATM / Atm
Property Details for 5225 Airport Hwy
- Year built
- 1986
- Lot size
- 22.91 lot acres
- Property size
- 187,124 SF
- Property type
- Neighborhood centers
- Property subtype
- Community centers
Description
Airport Square Shopping Center, a Class A retail property in Toledo, Ohio, presents a compelling investment opportunity. This established neighborhood center boasts 187,124 square feet across three single-story buildings, situated on a substantial 22.91-acre lot. The property features 5 suites, with available leasable space ranging from 1,233 square feet to a sizable 25,000 square foot junior anchor space (44,830 square feet currently vacant). Built in 1986 and renovated in 2008, the center offers ample parking with 900+ spaces. Its prime location at the hard corner of Airport Highway and Reynolds Road, both four-lane highways with dedicated turning lanes, ensures high visibility and accessibility. The property benefits from excellent traffic counts and proximity to major thoroughfares, including I-475 (one mile east), and is strategically located near other significant retail destinations such as Spring Meadows Place, Springfield Commons, and an Amazon last-mile facility. The zoning is Regional Commercial, and the property's APN is 20-06431 and 20-06411 in Lucas County. This well-maintained center offers a unique chance to acquire a significant retail presence in a thriving South Toledo location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.666
- Latitude
- 41.616
