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Property profile & analytics
FOR LEASE
Strip malls

2903 Dorr St Toledo, OH 43607

13,806 SF 1.82 ac lot Built 2007
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US66-1497969
2903 Dorr St, Toledo, OH 43607 For Lease
Contact for pricing 2,201 SF available
2903 Dorr St, Toledo, OH 43607
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Property summary
AI-generated overview

This professionally maintained retail center, known as Rocket Center, offers exceptional opportunities for businesses seeking high visibility and foot traffic. Located at 2903 Dorr St, Toledo, OH 43607, this property boasts a total of 14,092 square feet and currently has two available retail spaces. The spaces range in size from 912 square feet to 2,201 square feet, with the possibility of combining suites B-1 and B-2 for a larger footprint. The center benefits from its strategic location directly across from the University of Toledo's main campus, home to approximately 23,000 students, ensuring a consistent flow of potential customers. High traffic counts further enhance the property's appeal, with 18,411 vehicles passing daily on Dorr Street and 12,750 vehicles on Douglas Road. Ample parking is available on-site, with approximately 95 spaces to accommodate customers and employees. This multi-tenant retail storefront presents a compelling investment opportunity in a vibrant and densely populated area. The property is situated in Lucas County, Ohio, providing easy access to a large consumer base. This is an ideal location for businesses seeking to capitalize on the significant student population and high traffic volume in this established commercial area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Total area 13,806 SF
Lot 1.82 ac (79,279 SF)
Zoning code 10-MX
APN 20-54311
UPID US66-1497969
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
  • Allure' Hookah Lounge Bar & Pub (Bike/Boat/Book/etc) Store
  • Mozza! - Pizza and Wings Take-out & Catering
  • Sahara Express Grill Restaurant
  • Sunika Sneakers Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Rock it Nutrition Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.10M
Owner & transaction history
Bryndor Properties LLC · 10 yrs held
Bryndor Properties LLC
since 2016
7 recorded transactions
2016
Price N/A
2014
Price N/A
2014
Price N/A
2012
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
10-MX · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Microsoft Word - TMZC 2024-04-24
Top alternative use upside
Medical building $1.0M +5.0%
Auto repair, garage $995,000 +2.3%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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