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Lighthouse Landing Shopping Center 4441 N Summit St 22,500 SF 100% Leased Retail Building Toledo, OH 43611 $1,300,000 ($57.78/SF) 7.69% Cap Rate
Investment Highlights
- Across the street from Lake Erie on Summit St
- Great Retail Possibilty
Executive Summary
Located in the lakeside community of Point Place in the Lighthouse Landing Plaza. Beautiful Maumee River and walking path across the street. Easy access to 1-75. Near the border of Ohio and Michigan.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,500 SF
Building Class
B
Year Built/Renovated
1970/2013
Price
$1,300,000
Price Per SF
$57.78
Cap Rate
7.69%
NOI
$100,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.18
Lot Size
2.81 AC
Zoning
C-25
Parking
144 Spaces (6.4 Spaces per 1,000 SF Leased)
Frontage
190’ on Summit
Amenities
- Bus Line
- Pylon Sign
- Signage
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $23,485 | |
| Land Assessment | $23,555 | Total Assessment | $47,040 |
Property Taxes
Parcel Numbers
Land Assessment
$23,555
Improvements Assessment
$23,485
Total Assessment
$47,040
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Lighthouse Landing, LLC
Lighthouse Landing Shopping Center | 4441 N Summit St
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