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HIGHLIGHTS
- 27,946 SF Retail Strip Shopping Center Located on 2.95 AC
- Prime Toledo Retail Location | Situated along W. Sylvania Avenue with 19,000+ VPD and surrounded by strong national retailers including Kroger
- Strong Demographics | Average household income of $71,917 within 5 miles and a population exceeding 213,000 in the same radius.
- For Lease | 9,088 SF Endcap Space at $8.00/SF NNN | Excellent Frontage Facing Sylvania Avenue
- New HVAC Units | 5-Brand New Rooftop HVAC Units for the 10,056 Space Leased to Glass City Crossfit
- High Consumer Traffic | Family Dollar draws approximately 134,000 visits annually (Placer.ai), ensuring consistent foot traffic to the center - Top 20
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste C | 9,088 SF | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $72,704 /YR $6,059 /MO | Triple Net (NNN) |
2936-2944 W Sylvania Ave - 1st Floor - Ste C
27,946 SF Retail Strip Shopping Center Located on 2.95 AC
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 9,088 SF | Gross Leasable Area | 28,100 SF |
| Center Type | Strip Center | Total Land Area | 2.23 AC |
| Parking | 85 Spaces | Year Built | 1957 |
| Center Properties | 1 | Cross Streets | Elmhurst rd |
| Frontage |
| Total Space Available | 9,088 SF |
| Center Type | Strip Center |
| Parking | 85 Spaces |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 28,100 SF |
| Total Land Area | 2.23 AC |
| Year Built | 1957 |
| Cross Streets | Elmhurst rd |
FEATURES AND AMENITIES
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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2936-2944 W Sylvania Ave
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