Marko Plaza West
$3,238,970
5380 Monroe Street, Toledo, OH 43623
For Sale
Retail
Strip Center
Active
Last Updated: 08/18/2026
7
Cap Rate
226,728
NOI
Details:
Cap Rate: 7%
NOI: $226,728
Building Size: 12,949 sqft
Lot Area: 1.18 acres
Occupancy: 100%
Lease Type: Triple Net
Year Built: 1986
Tenancy: Multiple
Highlights:
- Top Performing Verizon – Top 10% Nationwide (Per Placer.AI)
- 100% Occupied | 70% National Tenancy
- All NNN Leases
- Prime Monroe Street Corridor
- Service-Oriented Mix
- Built-In NOI Growth
Description:
Landmark Investment Sales is pleased to offer for sale Marko Plaza West, a 100% occupied, 12,949-square-foot retail center anchored by a corporate Verizon Wireless store on Toledo's premier Monroe Street corridor. With a service-oriented mix of national and regional tenants, including Subway, Lendmark Financial, and Bassett Nut Co., all on NNN leases, the property offers durable, passive income and long-term upside through below-market rents, future renewals, and annual rent escalations.
Documents:
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147i_Marko_Plaza_West-Toledo__OH-OM.pdf
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Location
Gallery
