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Property profile & analytics
FOR LEASE
Strip malls

3555 Navarre Ave Oregon, OH 43616

35,568 SF 7.27 ac lot Built 2006
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US66-2745803
Property summary
AI-generated overview

Navarre Center 1, a 35,000 square foot multi-tenant retail strip center, presents a unique investment opportunity in Lucas County's ET/Oregon/Nwood submarket. Built in 2005 and zoned C-5, this property sits on a 7.27-acre lot and enjoys a highly visible location on Navarre Avenue, experiencing 26,521 vehicles per day. Currently, one 3,250 square foot space is available for lease. The center boasts a strong tenant mix including established businesses such as Buffalo Wild Wings, DentalWorks, Tan Pro, Great Clips, GameStop, Sally Beauty Supply, and Woodville Rental. Retail spaces feature 74-foot deep bays. The property offers ample on-site parking for tenants and customers, along with prominent pylon and facade signage opportunities. Rear delivery access is also available. This location benefits from its proximity to a Walmart Supercenter and major transportation arteries. The property's strategic location within a high-growth area makes it an ideal choice for businesses seeking high visibility and strong foot traffic. While specific renovation details are not available, the property is well-maintained and positioned for continued success. Flexible lease terms are available.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 35,568 SF
Lot 7.27 ac (316,812 SF)
Zoning code 40-MX
APN 44-19637
UPID US66-2745803
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.36M
Blend (final) Blend
$2.51M
Owner & transaction history
Massara 1955 LLC · 2 yrs held
Massara 1955 LLC
since 2023
7 recorded transactions
2026
Price N/A
2023
Price N/A
2017
Price N/A
2010
Price N/A
2005
Price N/A
2002
$250,000
1969
Price N/A
Zoning & alternative use
40-MX · Oregon, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.6M +5.0%
Auto repair, garage $2.6M +2.3%
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