2450 Reynolds Rd Toledo, OH 43614
- Retail space
- 18,128 SF
- 2.60 lot acres
Current Use by Public Records
- Peacock Graphics / Graphic Designer
- Rite Aid / Drug Store / Beauty Supply Store
- Dr. Munir Ahmad, MD / Family Practice Physician
- Adas Mohammad MD / Internist
- Reynolds Clinic / Medical Center / Addiction Treatment Center
Property Details for 2450 Reynolds Rd
- Year built
- 2005
- Lot size
- 2.60 lot acres
- Property size
- 18,128 SF
- Zone code
- 10-CR
- Property type
- Retail space
- APN
- 20-01330
- APU
- 2001330
Description
This exceptional 14,564 square foot former Rite Aid retail space in Toledo, Ohio, presents a compelling investment opportunity. Strategically located on the hard corner of S. Reynolds Road and Heatherdowns Boulevard, this single-tenant property benefits from a combined daily traffic count of 53,000 vehicles, ensuring high visibility and exposure. The property features a convenient drive-thru lane and two large pylon signs for optimal marketing. Its prime location offers direct access to I-80/90 (Ohio Turnpike), enhancing accessibility. The surrounding area boasts a strong retail presence, including national tenants such as Kroger, Goodwill, and a new 150,000 square foot Amazon delivery station, creating a synergistic environment with high consumer traffic. The 5-mile trade area encompasses a substantial population of 153,802 residents and 84,038 daytime employees, with an average household income of $91,426. Furthermore, the property's proximity to several large apartment complexes, including Alt Stone Bridge, The Woodlands, and Genesis Village, provides a readily available residential customer base. This property is situated in Lucas County, Ohio, with the address being 2450 S Reynolds Rd, Toledo, OH 43614.
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
- -83.6654
- Latitude
- 41.5955
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA
