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Monroe Street Marketplace 5329 Monroe St 1,400 - 27,554 SF of Retail Space Available in Toledo, OH 43623
Highlights
- 3rd Most visited Property within a 30-mile radius with over 5-Million visits over the last 12-months
- Most-visited open air shopping center in a 5-mile radius
- GLA: 543,378 SF
- 2,432 total parking; ample parking available
- High performing anchor tenant, Fresh Thyme, and shadow anchors, Target, Gabes, Marshalls-Home Goods, Hobby Lobby, and Golf Galaxy,
Space Availability (8)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 03 | 1,440 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 04 | 2,160 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 05 | 2,160 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 10 | 1,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 16 | 2,760 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5201-03 | 2,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5221-D | 6,450 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5327B | 8,784 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
5329-5333 Monroe St - 1st Floor - Ste 03
5329-5333 Monroe St - 1st Floor - Ste 04
5329-5333 Monroe St - 1st Floor - Ste 05
High-performing anchor tenant, Fresh Thyme, and shadow anchors, Target, Gabes, Marshalls-Home Goods, Hobby Lobby, and Golf Galaxy, driving traffic to the property.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- 3rd most visited property with over 5 mil visits
- Ample parking available
- Open air shopping center
5329-5333 Monroe St - 1st Floor - Ste 10
High-performing anchor tenant, Fresh Thyme, and shadow anchors, Target, Gabes, Marshalls-Home Goods, Hobby Lobby, and Golf Galaxy, driving traffic to the property.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- 3rd most visited property with over 5 mil visits
- Ample parking available
- Open air shopping center
5329-5333 Monroe St - 1st Floor - Ste 16
High-performing anchor tenant, Fresh Thyme, and shadow anchors, Target, Gabes, Marshalls-Home Goods, Hobby Lobby, and Golf Galaxy, driving traffic to the property.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- 3rd most visited property with over 5 mil visits
- Ample parking available
- Open air shopping center
5329-5333 Monroe St - 1st Floor - Ste 5201-03
5329-5333 Monroe St - 1st Floor - Ste 5221-D
5329-5333 Monroe St - 1st Floor - Ste 5327B
High-performing anchor tenant, Fresh Thyme, and shadow anchors, Target, Gabes, Marshalls-Home Goods, Hobby Lobby, and Golf Galaxy, driving traffic to the property.
- Fully Built-Out as Standard Retail Space
- 3rd most visited property with over 5 mil visits
- Ample parking available
- Open air shopping center
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 Monroe Street Marketplace
- Tenant
- Description
- US Locations
- Reach
- Hobby Lobby
- Hobby
- 1,295
- National
| Tenant | Description | US Locations | Reach |
| Hobby Lobby | Hobby | 1,295 | National |
Property Facts
| Total Space Available | 27,554 SF | Frontage | 562’ on Monroe |
| Center Type | Neighborhood Center | Gross Leasable Area | 125,654 SF |
| Parking | 658 Spaces | Total Land Area | 9.74 AC |
| Stores | 13 | Year Built | 1970 |
| Center Properties | 1 | Cross Streets | Nantuckett |
| Total Space Available | 27,554 SF |
| Center Type | Neighborhood Center |
| Parking | 658 Spaces |
| Stores | 13 |
| Center Properties | 1 |
| Frontage | 562’ on Monroe |
| Gross Leasable Area | 125,654 SF |
| Total Land Area | 9.74 AC |
| Year Built | 1970 |
| Cross Streets | Nantuckett |
About the Property
The Monroe Street Portfolio is one of the dominant, center of gravity open air shopping centers in the extended trade area along the Monroe Street Corridor, ranking as the 3rd most visited property within a 30- mile radius with over +5 million visits over the last 12 months. Toledo, Ohio is strategically located in the northern part of Ohio, serving as a key economic and commercial hub within the Midwest region. With a population of +276,000 residents and a metropolitan area of +600,000 people. The Property is located in an ideal infill location, just 1.9 miles from Route 23 (+70,000 VPD) and 2.0 miles from I-475 (+71,000 VPD), with excellent roadway visibility and transportation infrastructure driving consumers from the extended trade radius, with a 5-mile population of +197,892 and average household income of $72,693. Toledo, Ohio is strategically located in the northern part of Ohio, serving as a key economic and commercial hub within the Midwest region. With a population of +276,000 residents and a metropolitan area of +600,000 people, Toledo offers a dynamic market for commercial real estate and businesses alike. Toledo has a diverse and robust economy that encompasses a range of industries. Traditionally known as the “Glass City” due to its history of glass manufacturing, the economy spans sectors such as healthcare, manufacturing, education, retail, and logistics. The presence of major companies like Owens Corning, Dana Incorporated, and Libbey Inc. contributes significantly to the local economy. Additionally, the University of Toledo serves as a key driver of education and research-related activities.
- Property Manager on Site
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
