525-701 Manhattan Blvd Toledo, OH 43608
- Neighborhood centers
- 219,810 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 525-701 Manhattan Blvd
- Year built
- 1967
- Property size
- 219,810 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
Manhattan Plaza, located at 525-701 E. Manhattan Boulevard in Toledo, Ohio (Lucas County, zip code 43608), offers a prime retail opportunity in the Central City (Retail Only) submarket. This 219,810 square foot strip center, built in 1967 and renovated in 2010, sits on a 25-acre lot and is zoned C-4. The property features multiple available spaces ranging from 1,200 to 36,250 square feet. Strong anchors include Save A Lot, U.S. Post Office, Villa, Citi Trends, Forman Mills, Dollar Tree, McDonald's, KFC, a liquor store, pharmacy, and a grocery store, ensuring high foot traffic and visibility. One available space is a 1200 square foot in-line restaurant space complete with a full kitchen, equipment, and coolers. Lease specifications include lessee responsibility for utilities (heat, electricity, water, real estate taxes, insurance, and CAM charges) estimated at $3.25 per square foot. Roof and structure maintenance are the lessor's responsibility, while improvements are negotiable. Leases are for a minimum of three years. Cross street is Stickney Avenue. This property presents a compelling investment opportunity in a well-established retail corridor.
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
- -83.5334
- Latitude
- 41.6875
