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Multi-Tenant Retail
Talmadge Crossings
4701 Talmadge Ave, Toledo, OH
Listing Price: $5,500,000
Click To Access Offering Memorandum- Cap Rate8.04%
- Building SF61,139 SF
- Price/SF$89.96
- Year Built / Renovated1984 / 2022
Investment Highlights
- 95% Occupied Retail Center
Synergistic Mix of National, Regional & Local Businesses - All Tenants Operating on NNN Leases
- 81.5% of Tenancy Leased Through 2030
- Multiple Points of Entry Off Talmadge & Monroe (36,500 VPD Combined)
- Quick Access to I-475 (69,021 VPD) & US-23 (66,558 VPD)
- Adjacent to Franklin Park Mall
1.3 Million SF Regional Shopping Mall Anchored by Dillard’s, Macy’s, Dick’s Sporting Goods & JCPenney - Strong Retail Market: 17.8 Million SF of Retail within a 5-Mile Radius (96.4% Occupancy Rate)
- Nearby Retailers: Target, Hobby Lobby, Kohl’s, Marshalls, HomeGoods, Fresh Thyme Market, & Many Others
- Major Healthcare Market: 2.8 Million SF of Medical Space within 5 Miles (97.2% Occupancy Rate)
- Next to University of Toledo Physicians at Regency Medical Campus (Primary & Specialty Care, Physical Therapy & Sports Medicine)
- Nearby Hospitals:
Mercy Health St. Anne Hospital – 1.5 Miles
Regency Hospital – Toledo – 2.3 Miles
ProMedica Flower Hospital – 3.3 Miles
ProMedica Wildwood Orthopaedic & Spine Hospital – 3.5 Miles
ProMedica Toledo Hospital Campus – 3.5 Miles - 4 Miles from The University of Toledo (13,950 Students)
- Demographics: 203,342 Residents & Average Household Income $79,534 within a 5-Mile Radius
- Toledo is 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