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    OFF-MARKET
    Retail properties & Spaces

    1330 Reynolds Rd, Toledo, OH 43615

    13,098 SF Built 2000
    Property ID
    Property summary
    AI-generated overview

    This exceptional freestanding retail property, totaling 13,098 square feet, presents a compelling investment or redevelopment opportunity. Located on the hard corner of N. Reynolds Road and Dorr Street in Lucas County, this single-story building sits on a 2.1-acre lot and boasts excellent visibility due to its high-traffic location. Built in 2000, the property features 40 parking spaces and is zoned CR-Regional Comm (APN: 20-00254). Currently occupied by a Walgreens under an absolute NNN lease expiring December 2027, the property offers significant potential. The asking price is $2,620,000, translating to $200.03 per square foot. Its strategic location, surrounded by national and local retailers, makes it ideal for a variety of uses, including investment, redevelopment, retail, automotive, car wash, restaurant, or multi-tenant occupancy. The property includes one overhead door, adding to its versatility. This is a rare chance to acquire a prime retail asset in a thriving commercial area. The substantial lot size and existing infrastructure provide ample room for expansion or modification to suit a wide range of business needs. Contact for details.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2000
    Total area 13,098 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Walgreens Photo (Bike/Boat/Book/etc) Store
    • Walgreens Pharmacy Pharmacy
    • Kathryn B. Johnson, RPH Pharmacy
    • Helaine J. Kwong, Pharm Pharmacy
    • COVID-19 Drive-Thru Testing at Walgreens Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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