1102 South Ave
Toledo, OH 43609
Church's Chicken · Retail Property For Sale

The property is subject to an absolute NNN lease to Falcon Holdings, LLC, the largest operator of Church' s Chicken. Rent is flat through the initial lease term. The lease calls for zero landlord obligations. The tenant has three 5 year options to renew with increases at each option. The tenant benefits from its location off of State Route 25 (Anthony Wayne Trail). The asset was renovated in 2006 as a modern Church' s Chicken concept design with drive-thru. There is also ample on site parking for approximately 30 vehicles. Toledo is a city in and the county seat of Lucas County, Ohio. Toledo is in northwest Ohio, at the western end of Lake Erie bordering the state of Michigan. The city' s glass industry has earned it the nickname, The Glass City . The population of Toledo as of the 2010 Census was 287,208, making it the 71st-largest city in the United States. It is the fourth most populous city in the U.S. state of Ohio after Columbus, Cleveland, and Cincinnati. The Toledo metropolitan area had a 2010 population of 651,429, and was the sixth-largest metropolitan area in the state of Ohio, behind Cleveland, Columbus, Cincinnati, Dayton, and Akron.