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25463287
33854081

4735 Monroe Street, Toledo, OH 43623

DW
OH OH 2002018621
Reichle | Klein Group
CU
OH SAL.2024003889
Reichle | Klein Group
Listed by Reichle | Klein Group
$990,000
338 days on market
Updated 7 days ago

4735 Monroe Street

Details
APN 2215784
Property Type Retail
Sub Type Strip Center
Square Footage 6,000
Cap Rate 7.97%
NOI $78,892
Occupancy 100%
Tenancy Multi
Price per SqFt $165
Year Built 1999
Stories 1
Acreage 0.740
Zoning CR - Regional Commercial
Parking Spaces 47 spaces
Parking Per SqFt 7.83
Ground Lease No

Retail | 7.97% CAP | 6,000 SqFt

Marketing description

Investment highlights

  • 6,000 SF multi-tenant retail strip plaza
  • Two long time tenants with Cirilla's and Steel Addictions Tattoo, along with new tenant Eclipse Nail Tips
  • Excellent visibility enhanced by pylon signage at both entrances
  • Significant vehicular traffic, supported by easy access to Monroe Street and Sylvania Avenue (18,779 vpd on Sylvania Ave. and 20,308 vpd on Monroe St.)
  • Population of approximately 102,000 people within 3 miles
  • Ample parking on property
  • Cap Rate of 7.97%
  • Net Operating Income = $78,892
  • Average Rent of $13.15/SF NNN
  • Contact agents for additional detail

Listing Contacts

DW
OH OH 2002018621
Reichle | Klein Group
CU
OH SAL.2024003889
Reichle | Klein Group
Listed by Reichle | Klein Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$78,892.00
$6,574.33/mo

Valuation Metrics

0
DSCR
7.97%
Cap Rate
7.97%
ROI

Map

Zoning

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CR CommercialNeighborhood CommercialRegional Commercial
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Duke Wheeler
License
OH 2002018621
Name
Chad Ulmer
License
SAL.2024003889
Brokerage
Reichle Klein Group
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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