1390 W Sylvania Ave
$530,526
1390 W Sylvania Ave, Toledo, OH 43612
2,616 sqft
Building Size
0.25 acres
Lot Area
Details:
Highlights:
- Zero-management NNN structure. Tenant (Schaad's Service and Towing) pays 100% of taxes, insurance, and CAM directly, with no landlord expense responsibility at all.
- 900 SF metal pole barn added in 2017, offering additional covered storage or workshop space in addition to the primary structure.
- Overhead Doors; 5 total (3) 9'11 wide 8'11 high (2) 15'11 wide 8'11 high
- Cameras & Security system in place.
- Pylon and monument signage availible
- (2) In ground hydraulic post lifts
Description:
2,616 SF single-tenant retail investment property situated on 0.26 acres for sale. This commercial node is served by the signalized convergence of Sylvania, Lewis and Philips Ave, located just over one mile from I-75 and Hwy-24, providing ease of access to downtown Toledo, and the Michigan border. The corridor is lined with active small-format retail and food-service tenants including Pizza Hut, Marco's Pizza, McDonald's, and Taco Bell. The asset is 100% leased to Schaad's Auto Service and Towing on a zero-management absolute triple net lease basis, with the tenant paying 100% of taxes, insurance, and CAM directly and no landlord expense or management responsibility. Five-year lease term with one (1) five-year renewal option in place.
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Documents:
| Title | ||
|---|---|---|
| 1390_W_Sylvania_Ave_Brochure.pdf |
Location
Gallery
