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Colonial Village Plaza

$13/sqft/yr

4400 Heatherdowns Blvd, Toledo, OH 43614

Active
Last Updated: 03/26/2025

12.97

Cap Rate

440,307

NOI

Details:
Cap Rate:    12.97%
NOI:    $440,307
Building Size:    62,720 sqft
Lot Area:    6.24 acres
Occupancy:    97%
Year Built:    1967
Floors:    1
Parking Spots:    250
Highlights:
  • Easy access to Heatherdowns Blvd and Key St with four curb cuts located at signalized intersection
  • Daily traffic counts of 20,150 VPD (2021) on Heatherdowns
  • Excellent visibility, signage, and ample parking with over 250 spaces
  • Neighboring tenants include: Dollar General, Bassett's, Edward Jones, Shawn's Irish Tavern Bar & Grill, and Ohio Bureau of Motor Vehicles
  • Estimated $2.25 per SF in NNN charges
Description:

2,000 SF in the Colonial Village Plaza, a 62,720 SF Neighborhood Center in South Toledo, available for lease. 10-CN, Neighborhood Commercial zoning allows for numerous civic and commercial uses. Situated on a corner lot at a signalized intersection along Heatherdowns Blvd, a 4-lane road with turning lane and major South Toledo thoroughfare. Close proximity to several apartment buildings, hotels, local and national retail/restaurants, Stranahan Theatre, the Ohio Turnpike tollbooth, and the new home of Toledo Alliance for the Performing Arts (TAPA).

Excellent exposure on the signalized intersection of Heatherdowns and Key

Map:
7 Spaces Available

Suite 4A, Suite 4A: Heatherdowns Blvd Building Neighborhood Center

Available:
Immediately
Sublease:
No
SQFT
3,000
Lease Type:
Gross

Lease Pending, Mediterranean Restaurant User

Open Retail Space Strip Center

Available:
Immediately
Sublease:
No
SQFT
4,000
Lease Type:
Gross

Suite 6, Suite 6: Key Street Buildilng, 1 Neighborhood Center

Available:
Immediately
Sublease:
No
SQFT
1,000
Lease Type:
Gross

Lease Pending, Barber User

Suite 2A, Suite 2A: Heatherdowns Blvd Building Neighborhood Center

Available:
Immediately
Sublease:
No
SQFT
4,000
Lease Type:
Gross

Lease Pending, National Fitness User

Suite 4B Neighborhood Center

Available:
Immediately
Sublease:
No
SQFT
1,800
Lease Type:
Gross

Currently being renovated, ready for customization
Lease Pending: Nail Salon User

Suite 5A Neighborhood Center

Available:
Immediately
Sublease:
No
SQFT
2,000
Lease Type:
Gross

Lease Pending, Aesthetics & Wellness Clinic

Suite 11B Neighborhood Center

Available:
Immediately
Sublease:
No
SQFT
2,000
Lease Type:
Gross

Available
Formerly Edward Jones


Documents:
Title
Data Sheet
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Colonial Village Plaza Brochure
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Location
Gallery