For Lease

For Lease: Monroe Street Portfolio

5213 Monroe St Toledo, OH 43623

Monroe Street Portfolio

Undisclosed Rate ( 7 spaces )

Overview

Timeline

Date Listed:

Jan 17, 2024

Last Updated:

Apr 14, 2025

Building Details

Property Type:

Retail

Subtype:

Shopping Center

Tenancy:

Multiple

Total Building SQFT:

543,378

Minimum Divisible SQFT:

630

Max Contiguous SQFT:

168,343

Total Building Suites:

Vacant SQFT:

14,469

Buildings:

Stories:

Total Parking Spaces:

2432

County:

Lucas County

INTELLIGENCE

Explore more in-depth Comp & Record details for this property.

Building Description

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.

Building Highlights

3rd Most visited Property within a 30-mile radius with over 5-Million visits over the last 12-months
2,432 total parking; ample parking available
Most-visited open air shopping center in a 5-mile radius
High performing anchor tenant, Fresh Thyme, and shadow anchors, Target, Gabes, Marshalls-Home Goods, Hobby Lobby, and Golf Galaxy, driving traffic to the property
GLA: 543,378 SF