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2 Story Department Store Building For Sale 5001 Monroe St 186,883 SF Retail Building Toledo, OH 43623 For Sale
Investment Highlights
- 186,883 SF two (2) story department store attached to Franklin Park Mall available for sale
- 20.566 Acre parcel with access from every side of the mall
- +/- 1,286 ft of frontage with two traffic lights on Tallmadge Rd
- First Floor: 93,725 SF, Second Floor: 93,158 SF
- Two (2) level parking garage with 302 parking spaces with access to the first and second floor of the Macy’s and Dillard’s building
- Neighboring tenants include Dick’s Sporting Goods, Dillard’s, JCPenney, Kohl’s, Cinemark, Burlington, Petco, and more
Executive Summary
2-Story Department Store Available For Sale
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
186,883 SF
Building Class
C
Year Built
1971
Tenancy
Single
Building Height
2 Stories
Building FAR
0.21
Lot Size
20.57 AC
Zoning
10-MX - Mixed Use District
Parking
302 Spaces (1.62 Spaces per 1,000 SF Leased)
Frontage
352’ on Monroe St
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $214,935 | |
| Land Assessment | $77,980 | Total Assessment | $292,915 |
Property Taxes
Parcel Numbers
Land Assessment
$77,980
Improvements Assessment
$214,935
Total Assessment
$292,915
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Contact the Sale Advisor
2 Story Department Store Building For Sale | 5001 Monroe St