Property summary
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
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Pharmacy
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Pharmacy
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Pharmacy
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Pharmacy
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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