309-337 W. Alexis Road
$1,595,000
309-337 W. Alexis Road, Toledo, OH 43612
For Sale
Retail
Neighborhood Center
Active
Last Updated: 03/20/2025
19,190 sqft
Building Size
2 acres
Lot Area
Details:
Building Size: 19,190 sqft
Lot Area: 2 acres
Class: B
Occupancy: 100%
Year Built: 1983
Floors: 1
Parking Spots: 96
Description:
Excellent investment opportunity
Established neighborhood shopping center
100% occupancy
Actual NOI: $158,996 - 10% cap rate
Easily accessible with 2 curb cuts
Excellent exposure with 228' on Alexis Rd. and 3 pylon signs at the street
High traffic counts with 20,377 vpd on Alexis Rd.
Great demographics with a population of 192,139 within a 5-mile radius
Most units have new AC units, roof replaced in 2011
Located on W. Alexis Rd. just east of Bennet Rd. and west of Telegraph Rd.
.
100 Amps
Natural Gas
3 Spaces Available
Suite 325 - 1 Street Retail
Available:
Immediately
Sublease:
No
SQFT
1,500
Lease Type:
Gross
Suite 325 - 3 (Former Liberty Tax) Street Retail
Available:
Immediately
Sublease:
No
SQFT
1,200
Lease Type:
Gross
Suite 337 - 2 Street Retail
Available:
Immediately
Sublease:
No
SQFT
4,370
Lease Type:
Gross
Documents:
Title | ||
---|---|---|
309-337 W Alexis Rd Rent Roll_Apr 2023 | ||
309-337 W Alexis - Actual Op Data April 2023.pdf | ||
309-337_W._Alexis_Road_Sale_Data_Sheet.pdf |
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