Alexis Park
Retail Investment Property | 27,703 SqFt
Marketing description
The property is located on West Alexis Rd, a major retail corridor serving both North Toledo and Southeast Michigan. This trade area appears healthier now than at any point in the past 25+ years with vacancy near record lows. New retailers and recent developments over the last 24 months in the immediate trade area include: Ross Dress for Less, Five Below, Michael's, Hibbett Sports, Dairy Queen Grill and Chill, 7Brew, Smoothie King, Auntie Anne's and Cinnabon.
View Complete Property Profile Here: https://www.rkgcommercial.com/properties/920-w-alexis-road
Investment highlights
100% occupied, 4-tenant retail building anchored by Dollar Tree and Rainbow Shops available for Purchase.
Recent significant area development including Hibbett Sports, Auntie Ann's, Smoothie King, Cinnabon (2026), 7 Brew, Ross Dress for Less, Five Below, Michaels and Dairy Queen Grill & Chill (2024-2025).
The property benefits from multiple access points and pylon signage on 2 major roadways.
Major area retailers include Kroger, Target, Lowes and Home Depot.
Major area employer includes GM Toledo Propulsion Systems, a 2.8M SF facility with 1,750 employees. GM has invested more than $1B in the plant over the past 15 years. Also, Stellantis - Toledo Assembly Complex, a 3.6M SF facility with 5,200 employees. Stellantis recently announced a $400M investment (creating 900 jobs), in the plant to create a brand new mid-sized truck.
Traffic Count: 21,220 on Alexis Rd. (2024); 16,405 on Lewis Ave. (2024).
197,300 people, 79,525 households, average household income of $48,619 within 5 miles.
Financial data available upon qualified request.
New roof scheduled for Spring 2026.
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