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Goodwill | New 12yr Corp NNN w/ Incrs 2450 S Reynolds Rd 14,564 SF Retail Building Toledo, OH 43614 $3,096,000 ($212.58/SF) 6.35% Cap Rate

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Investment Highlights

Brand New 12-Year Lease | Options To Extend | Rental Increases | Relocation Store | $250K In Recent Improvements | Corporate Signature
Signalized, Hard Corner Intersection | Regional Connectivity
Strong Demographics In 5-Mile Trade Area

NNN Lease Structure | Fee Simple Ownership | Minimal Landlord Responsibilities
Dense Retail Corridor | Strong Tenant Synergy

Executive Summary

SRS National Net Lease Group, LP is pleased to present the opportunity to acquire the fee simple interest in a NNN-leased Goodwill retail property located in Toledo, Ohio. The tenant, Goodwill Industries of Northwest Ohio, Inc., recently executed a brand new 12-year lease with two (2) additional five-year renewal options, demonstrating long-term commitment to the site. The lease features a scheduled $1 PSF rent increase during the primary term and CPI-based increases at the start of each option period, supporting long-term NOI growth and providing an inflation hedge. This is a relocation store for Goodwill with a proven track record of strong performance in the market. As further evidence of their commitment, the tenant recently completed approximately $250,000 in site improvements, including repaving and restriping the parking lot. The lease is structured as NNN with minimal landlord responsibilities and signed by a corporate entity, an ideal, low-touch investment opportunity for passive or out-of-state investors.