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
Lead Agent

Ashish Vakhariya

Senior Vice President Investments

Lic: MI 6501322501

Darin Gross

Senior Associate

Lic: MI 6501384871

Seth Haron

First Vice President Investments

Lic: MI 6501373006

OHIO BROKER OF RECORD: MICHAEL GLASS | 500 NEIL AVE, SUITE 100, COLUMBUS, OH | 614.360.9800 | LIC: OH BRK.2007005898