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Property profile & analytics
FOR LEASE
Strip malls

5445 Secor Rd Toledo, OH 43623

5,480 SF 0.12 ac lot Built 1990
Entity Owned 4-yr Hold Free & Clear
Property ID
US66-5724905
Property summary
AI-generated overview

This exceptional Toledo, Ohio flex space offers two available units totaling 11,228 square feet within two buildings situated on a high-traffic section of Secor Road. Boasting approximately 7,725 vehicles per day, this location provides unparalleled visibility and accessibility. The property is in excellent condition and features newly installed overhead garage doors, enhancing functionality and appeal. Unit sizes range from 2,100 to 4,900 square feet, offering flexibility for a variety of businesses. The property's strategic location benefits from the proximity of established businesses, including a Subway restaurant and Brondes Ford, ensuring consistent foot and vehicle traffic. Two pylon signs provide excellent branding opportunities. This multi-tenant property is ideal for businesses seeking a versatile and well-maintained space in a prime Toledo location. The property is classified as both retail and industrial, offering a unique blend of uses within Lucas County. This is a rare opportunity to secure a well-positioned flex space in a thriving commercial area. The property's excellent condition and high-traffic location make it an attractive investment for businesses seeking a strong presence in Toledo.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Total area 5,480 SF
Lot 0.12 ac (5,263 SF)
Zoning code 10-CN
APN 23-29791
UPID US66-5724905
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Whirlwind Resource Properties LLC · 4 yrs held
Whirlwind Resource Properties LLC
since 2021
2 recorded transactions
2021
Price N/A
2006
Price N/A
Zoning & alternative use
10-CN · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Microsoft Word - TMZC 2024-04-24
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