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3420 Secor Rd 30,002 SF of Retail Space Available in Toledo, OH 43606
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 30,002 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste A
Former Whole Foods Market available for Sublease at a Super Regional Shopping Center. Multiple buildings with a national tenant mix. Proximity to a four-way interstate interchange. Near University of Toledo. Direct access to a signalized intersection. Monument and building signage available. 105,307 people and $58,426 median household income within three-mile radius. 22,031 vehicles per day on Secor Rd.
- Sublease space available from current tenant
- Located in-line with other retail
- Space is in Excellent Condition
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 | 30,002 SF | Total Land Area | 3.46 AC |
| Property Type | Retail | Year Built | 2017 |
| Property Subtype | Supermarket | Parking Ratio | 2.66/1,000 SF |
| Gross Leasable Area | 36,885 SF |
| Total Space Available | 30,002 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 36,885 SF |
| Total Land Area | 3.46 AC |
| Year Built | 2017 |
| Parking Ratio | 2.66/1,000 SF |
ABOUT THE PROPERTY
Secor Square is located in the Super Regional retail corridor that encompasses the Westgate and Franklin Park mall trade areas. Westgate has been a regional retail destination for 60+ years and historically attracts first-to-market and super-regional operators. Redevelopment of 40 +/- acres in the Westgate area is planned in the next 12 - 24 months. Franklin Park mall is an enclosed mall consisting of 1,200,000 SF. The mall draws approximately 10 million annual visitors. These dominant retail trade areas create customer traffic and a synergy that is unique to Northwest Ohio.
NEARBY MAJOR RETAILERS
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3420 Secor Rd
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