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1121 N Reynolds Rd
Toledo, OH 43615
Family Dollar | $4.46/SF Rent | 25% Inc Sales · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 5 Years Remaining on Family Dollar Lease
  • 28% Rent Increase in Upcoming Option (8.33% CAP); 10% Bumps Thereafter (9.2% & 10.1% CAP's)
  • New TPO Roof in 2019
  • Dirt Cheap $4.46 SF NN Rent
  • Fresh 10-Year Extension in 2016 (12/2026 Exp)
  • Tenant Has Renewed 4 Times Since 1999 Lease Signing

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,536 SF
Building Class
C
Year Built
1961
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.57 AC
Zoning
CR - Designated for larger-scale commercial activities that serve a regional market, such as shopping centers, large retail stores, etc.
Parking
23 Spaces (2.41 Spaces per 1,000 SF Leased)
Frontage
129’ on 425 W Bancroft St, Toledo

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-17251
Land Assessment
$23,380
Improvements Assessment
$111,370
Total Assessment
$134,750
  • Listing ID: 24853063

  • Date on Market: 1/17/2022

  • Last Updated:

  • Address: 1121 N Reynolds Rd, Toledo, OH 43615

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