5001 Monroe St Toledo, OH 43623-3627

Property Details for 5001 Monroe St

Lot size

0.74 lot acres

Zone code

10-CRSO

Property type

Super regional malls

APN

23-74230

APU

2374230

Description

This exceptional retail property, located at 5001 Monroe St, Toledo, OH 43623, presents a significant investment opportunity. The property encompasses a substantial 186,883 square feet, distributed across two stories (93,725 sq ft on the first floor and 93,158 sq ft on the second). This former department store is situated on a sizable 20.566-acre parcel within Franklin Park Mall, offering unparalleled visibility and accessibility. The property benefits from convenient access from all sides of the mall, maximizing exposure to the high volume of foot and vehicle traffic. A significant advantage is the two-level parking garage providing 302 parking spaces, directly accessible to both floors of the building. The property boasts approximately 1,286 feet of frontage along Tallmadge Rd, further enhanced by two traffic lights for optimal visibility and convenient access. The property's strategic location within Franklin Park Mall places it in close proximity to a diverse range of established national retailers, including Dick's Sporting Goods, Dillard's, JCPenney, Kohl's, Cinemark, Burlington, and Petco, creating a synergistic retail environment and attracting a substantial customer base. This presents a rare opportunity to acquire a large-scale retail space in a high-traffic, established shopping center.

Location Insight

City

Toledo

County

Lucas

State

Ohio

Longitude

-83.6403

Latitude

41.6967

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments