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Former Rite Aid

$2,650,000

2450 S Reynolds Rd, Toledo, OH 43614

Active
Last Updated: 03/20/2025

14,564 sqft

Building Size

2.6 acres

Lot Area

Details:
Building Size:    14,564 sqft
Lot Area:    2.6 acres
Class:    C
Year Built:    2005
Floors:    1
Parking Spots:    99
Description:

This former Rite Aid property boasts a strategic location at the signalized, hard corner intersection of S. Reynolds Road and Heatherdowns Boulevard. With a combined 53,000 vehicles passing by daily, this high-traffic site offers excellent exposure. The building itself is convenient for customers, featuring a drive-thru lane. Additionally, two large pylon signs provide excellent visibility from S. Reynolds Road.

Benefits from direct on/off ramp access to Interstate 80/90 (Ohio Turnpike). The immediate retail corridor boasts a variety of national credit tenants, including Kroger, Goodwill, Huntington Bank, Aaron`s, NAPA, Harbor Freight Tools, Goodyear, and the new 150,000-square-foot Amazon DCL5 delivery station. This strong tenant synergy increases consumer traffic to the surrounding area and promotes crossover exposure for the site.
The 5-mile trade area is supported by a population of 153,802 residents and 84,038 daytime employees, with an average household income of $91,426. Additionally, the property is within walking distance of several apartment complexes, including Alt Stone Bridge (132 units), The Woodlands (150 units), Genesis Village (156 units), and more. This provides a direct residential consumer base for the site.

Map:
1 Space Available

Parcel 20-01330 Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
14,564

Expected beginning of June

Documents:
Title
2450 S Reynolds Rd_Site Plan
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2450_S_Reynolds_Road_Sale_and_Lease_Data_Sheet.pdf
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2450_S_Reynolds_Road_Sale_and_Lease_Data_Sheet.pdf
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Location
Gallery