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- LoopNet Team
4580 Monroe St
Toledo, OH 43613
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- One block north of Interstate 475
- Two miles north of the University of Toledo
- Situated in a dense retail corridor that includes Home Depot, Costco, Whole Foods, and Lululemon
- One block south of Mercy Health - St. Anne Hospital
- Absolute NNN lease with no landlord responsibilities
PROPERTY FACTS
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
ABOUT 4580 MONROE ST , TOLEDO, OH 43613
Walgreens is located on a hard corner at the signalized intersection of Monroe St. and Secor Rd, one block north of I-475. Less than a half mile north is Mercy Health - St. Anne Hospital, a 126-bed medical center that has been recognized as a five star hospital for three consecutive quarters by Centers for Medicare and Medicaid Services. Across the street from Walgreens is Notre Dame Academy, which has a current enrollment of more than 600 students, and two miles south of Walgreens is the University of Toledo, which has an enrollment of approximately 23,000 students. This is the closest Walgreens to the University. Other national tenants within a few blocks of the property include Whole Foods, Kroger, Costco, Stein mart, Fresh Market, Home Depot, Lululemon, Value City Furniture, Best Buy, Rite Aid, Hampton Inn, Residence Inn, and Holiday Inn Express. Walgreens signed a 25-year, absolute NNN lease that commenced in April 2002. There are just under 8 years of term remaining with ten 5-year renewal options.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $361,970 | |
| Land Assessment | $157,920 | Total Assessment | $519,890 |
PROPERTY TAXES
