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7351 W Central Ave
Toledo, OH 43617
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,670 SF
Building Class
C
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.51 AC
Zoning
20-C2
Frontage
155’ on Central Ave

About 7351 W CENTRAL AVE , TOLEDO, OH 43617

This Wendy’s is located at 7351 Central Avenue in Toledo, Ohio. Toledo is located in northwest Ohio, at the western end of Lake Erie bordering the state of Michigan to the south. Surrounding Retail and Points of Interest This property is strategically located within a dense retail, residential and transportation corridor. Major national tenants in the surrounding area include Meijer, Lowe’s, McDonald’s, Chipotle, Panera, Rite Aid, KFC, Burger King, Starbucks, Tim Horton’s, Chick-fil-A and Buffalo Wild Wings. Sylvania Southview High School is located one mile away from the subject property and has a student enrollment of over 1,100. The University of Toledo, the state’s sixth-largest university, is approximately six miles away from Wendy’s and currently enrolls 23,000+ students. Proximity to Interstates 475 and 75 provides for easy transportation access to nearby cities including Ann Arbor, Detroit and Bowling Green, all of which are within a one hour drive. Traffic Counts and Demographics There are approximately 48,000 individuals residing within a three-mile radius of the property and more than 114,000 individuals within a five-mile radius. The subject property is located on Central Avenue, which experiences an average daily traffic count of 24,981 vehicles. Central Avenue intersects and runs perpendicular to N McCord Road, which brings an additional 18,100 vehicles per day to the area. Toledo, Ohio Toledo is known as the Glass City because of its long history of glass manufacturing, including windows, bottles, windshields, construction materials, and glass art, of which the Toledo Museum of Art has a large collection. Several large glass companies have their origins here. Owens-Illinois, Owens Corning, Libbey Glass, Pilkington North America (formerly Libbey Owens Ford), and Therma-Tru have long been a staple of Toledo's economy. Other offshoots and spinoffs of these companies also continue to play important roles in Toledo's economy. Fiberglass giant Johns Manville's two plants in the metro area were originally built by a subsidiary of Libbey Owens Ford. Although Toledo has a "rust belt" reputation because of its manufacturing history, in the 2000s, the city received significant interest and growth in "green jobs" due to economic development related to solar energy. The University of Toledo and Bowling Green State University received Ohio grants for solar energy research. Xunlight and First Solar opened plants in Toledo and the surrounding area.

Property Taxes

Property Taxes

Parcel Number
78-41564
Land Assessment
$109,970
Improvements Assessment
$251,510
Total Assessment
$361,480
  • Listing ID: 12015725

  • Date on Market: 3/22/2018

  • Last Updated:

  • Address: 7351 W Central Ave, Toledo, OH 43617

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