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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31121093
31121094

4208 Airport Hwy, Toledo, OH 43615

KJ
MI 6501427812, OH 2021002569
Miller Diversified
Listed by Miller Diversified
$1,141,877
79 days on market
Updated 76 days ago

4208 Airport Hwy.

Details
APN 02-38771
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 24,520
Cap Rate 9.00%
NOI $102,769
Occupancy 100%
Class C
Year Built 1982
Buildings 1
Stories 2
Lot Size (SqFt) 82,617
Zoning CN

Retail | 9.00% CAP | 24,520 SqFt

Marketing description

Introducing a prime investment opportunity in the heart of Toledo, Ohio. This 24,520 SF building, constructed in

1982 and zoned CN, presents a compelling proposition for retail and street retail investors. With 100%

functionally leased premises, the property offers the potential for immediate returns and future growth. Its

high-traffic location ensures excellent visibility, complemented by ample parking for customers. The

fully leased premises and additional income potential on the second floor further enhance its appeal, delivering a

notable 9% CAP rate. Don't miss out on this turnkey asset with strong income-generating potential.

Investment highlights

  • 100% Functionally Leased

  • Second Floor Income Potential

  • 9% CAP Rate

  • High Traffic Counts

  • Ample Parking

  • Signaled Intersection

  • Pylon Signage

  • Three Curb Cuts

Listing Contacts

KJ
MI 6501427812, OH 2021002569
Miller Diversified
Listed by Miller Diversified

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$102,769.00
$8,564.08/mo

Valuation Metrics

0
DSCR
9%
Cap Rate
9%
ROI

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