Single-Tenant Retail
El Sol Azteca Mexican Restaurant
3111 Navarre Ave, Oregon, OH
Listing Price: $656,850
Click To Access Offering Memorandum- Cap Rate9.50%
- Building SF2,120 SF
- Price/SF$309.83
- Year Built / Renovated1976
Investment Highlights
- New 5-Year Triple-Net Lease Restaurant | Personal Guarantee | Mexican Restaurant Operator
- Adjacent to Mercy Health St. Charles Hospital (342-Bed General Hospital)
- 2.5 Miles from ProMedica Bay Park Hospital (91-Bed Stat-Of-The-Art Community Hospital)
- Near Large Retailers: Kroger, Walmart, Aldi, Big Lots, Tractor Supply Co., Harbor Freight
- Strong Retail Market: 10.4 Million SF of Retail within a Five-Mile Radius & a Vacancy Rate of 3.7%
- Well Positioned on OH-2/Navarre Ave (27,273 VPD) | Near Interstate-280 (46,875 VPD)
- Demographics: 112,931 Residents within a Five-Mile Radius | Daytime Population 124,946
- Toledo MSA | Ohio’s Fourth Most Populated City
OHIO BROKER OF RECORD: MICHAEL GLASS | 500 NEIL AVE, SUITE 100, COLUMBUS, OH | 614.360.9800 | LIC: OH BRK.2007005898