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4782 Monroe St 6,878 SF of Retail Space Available in Toledo, OH 43623
Highlights
- 6,878 SF Building Situated on 1.3094 Acres
- Prime location for possible redevelopment on the busy Monroe St retail corridor
- Located in an Established West Toledo/Sylvania Retail Corridor, Estimated Population of +/- 218,000 within 5 mi
- Free-Standing, Fully-Equipped Restaurant For Sale or For Lease
- Ideal for a Quick-Service or Full-Service Restaurant Reuse
- Minutes from Franklin Park Mall, ProMedica Flower Hospital, Dining, I-475 and US 23
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,878 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
4782 Monroe Street is a 6,878 SF freestanding retail/restaurant building, constructed in 1950, offers great potential for retail investors. This property is situated on twelve parcels, totaling 1.3094 Acres, having ample on-site parking and high visibility along Monroe Street. It is zoned CR to accommodate a wide range of retail uses, the property presents a compelling opportunity for businesses seeking a strategic location with approximately 21,000 vehicles passing by every day. Conveniently located in Toledo, Ohio, the area surrounding the property offers a vibrant and diverse retail area. The location is in close proximity to popular attractions such as Franklin Park Mall, providing plenty of opportunities for retail and street retail investors. The area hosts a mix of national and local retailers which presents a strong draw for potential customers. Additionally, the property benefits from easy access to major roadways, allowing excellent visibility and accessibility for businesses. Retail investors will appreciate the market and the potential for growth in this thriving area.
- Fully Built-Out as a Restaurant or Café Space
- Central Air and Heating
- Wheelchair Accessible
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.
Select Tenants at 4782 Monroe St, Toledo, OH 43623
- Tenant
- Description
- US Locations
- Reach
- Hooters
- Restaurant
- 163
- International
| Tenant | Description | US Locations | Reach |
| Hooters | Restaurant | 163 | International |
Property Facts
| Total Space Available | 6,878 SF | Gross Leasable Area | 6,878 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Restaurant | Parking Ratio | 5.82/1,000 SF |
| Total Space Available | 6,878 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,878 SF |
| Year Built | 1950 |
| Parking Ratio | 5.82/1,000 SF |
About the Property
The property at 4782 Monroe Street in Toledo, Ohio consists of a freestanding building constructed in 1950 and situated on approximately 1.3094 acres. The site includes 78 surface parking spaces, four curb cuts, CR zoning, approximately 354 feet of frontage, and access from Monroe Street and Violet Road. The property is located within the West Toledo submarket near Interstate 475, Franklin Park Mall, and ProMedica Flower Hospital. Traffic counts along Monroe Street are reported at approximately 20,714 vehicles per day.
- Pylon Sign
Nearby Major Retailers
