847 Alexis Rd Toledo, OH 43612-4303

This exceptional 0.63-acre parcel presents a unique investment opportunity. Currently housing a 2,992 square foot restaurant, this single-tenant property is an outparcel to a thriving Kroger and Target-anchored shopping center, North Towne Commons, and sits adjacent to Home Depot. Its strategic location at the signalized intersection of Lewis Avenue and Alexis Road (Highway 184) ensures high visibility and accessibility. Alexis Road serves as a major east-west commuter artery and retail corridor, boasting impressive daily traffic counts of 36,416 vehicles. The property benefits from proximity to numerous national retailers including Ollie's Bargain Outlet, Dollar Tree, Lowe's, McDonald's, Office Max, and more. Furthermore, its location less than 0.8 miles from GM's Toledo Propulsion Systems Manufacturing Facility, a major economic driver with over $1.9 billion in recent investments, guarantees a substantial and stable customer base. The surrounding area boasts a significant population of over 180,614 residents within a 6-mile radius, generating a total consumer spending of $1.9 billion. The property's proximity to I-75 further enhances its appeal. This is a rare chance to acquire a well-positioned QSR property in a high-growth area with exceptional visibility and strong demographics. The property is available for sale or lease.