5151 Glendale Ave Toledo, OH 43614
- Retail properties
- 8,085 SF
Current Use by Public Records
- Tailor & Tuxedo In The Park / Tuxedo Shop
Property Details for 5151 Glendale Ave
- Property size
- 8,085 SF
- Property type
- Retail properties
Description
This 1,150 sq. ft. specialty retail space, part of an 8,085 sq. ft. building at 5151 Glendale Blvd., is ideally situated on the hard corner of Reynolds Rd. and Glendale Ave. in Southwyck Square. Completely renovated in 2003, the property boasts excellent visibility and accessibility from both major roadways, benefiting from high traffic counts (Reynolds Rd: 32,500 vehicles/day; Glendale Ave: 20,100 vehicles/day). The plaza enjoys a strong tenant mix, including Cricket Wireless and Tailor & Tuxedo. Its strategic location directly across from a new Amazon delivery center, in a high-traffic area, ensures significant foot and vehicle traffic. The surrounding area demonstrates strong demographics, with a 1-mile radius population of 9,784 and a 3-mile radius population of 70,019. Median incomes within 1 and 3-mile radii are $39,622 and $43,782 respectively. The property's convenient location offers easy access to Maumee, Ohio (1/2 mile away) and major interstates I-475 & I-80/90, serving Toledo and surrounding communities like Springfield Township, Maumee, and Sylvania. Built in 1976, this single-tenant space presents a compelling investment opportunity in a thriving 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
- -83.6638
- Latitude
- 41.6045
