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4505-4533 Monroe St
Toledo, OH 43613
Best Buy Plaza (S&P: BBB-) | Recent Renewal · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
44,250 SF
Building Class
B
Year Built
1983
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.19
Lot Size
5.30 AC
Zoning
10-CR
Parking
180 Spaces (4.07 Spaces per 1,000 SF Leased)
Frontage
208’ on Monroe

AMENITIES

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection

ABOUT 4505-4533 MONROE ST , TOLEDO, OH 43613

Best Buy Plaza is a 58,355 square foot Best Buy anchored shopping plaza. Shadow anchored by a Kroger Supermarket, Best Buy occupies almost 81% of the total center and is on a lease through January of 2021. Best Buy recently renewed for 5-years in 2016. The remaining tenants include First Choice Haircutters (Regis Corp.), Rent-A-Center and Dave Smith Appliance Services. Best Buy and Rent-A-Center expanded their stores in 2001. Each of these tenants are original tenants of the shopping center demonstrating the success of this location. The roof over Best Buy was replaced during their expansion in 2001 and the remaining roof portion was replaced in December of 2009. The subject property is located in the City of Toledo, Ohio, the fourth most populous city in Ohio and the county seat of Lucas County. Toledo is located in northwest Ohio on the western end of Lake Erie, and borders the State of Michigan. Several major highways border Toledo including, U.S. 23 and I-75 from the north and south, and I-80/I-90 (Ohio Turnpike) from the east and west. In addition, the property sits directly on Interstate 475, a major artery encircling much of Toledo. The City is also a short drive from Detroit, MI (65 Miles), Chicago, IL (230 Miles), Cleveland, OH (110 Miles) and Columbus, OH (130 Miles).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-88423
Land Assessment
$109,375
Improvements Assessment
$1,015,000
Total Assessment
$1,124,375
  • Listing ID: 5506990

  • Date on Market: 1/18/2017

  • Last Updated:

  • Address: 4505-4533 Monroe St, Toledo, OH 43613

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