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115 S Reynolds Rd
Toledo, OH 43615
Reynolds Plaza · Retail Property For Sale
EXECUTIVE SUMMARY
Landmark is pleased to bring Reynolds Plaza back to market, a 23,100 SF fully occupied shopping center in Toledo, OH. The property features recent tenant renewals, including long-term extensions from Dollar Tree and Pinnacle Treatment Center, as well as a brand-new NNN lease with a personal guarantee from Toledo Home Furnishings. With recent $300K interior renovations, updated construction, and no deferred maintenance, the center offers a strong foundation for continued performance.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
23,100 SF
Building Class
C
Year Built/Renovated
1977/2017
Price
$3,194,860 CAD
Price Per SF
$138.31 CAD
Cap Rate
8%
NOI
$255,589 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.25
Lot Size
2.15 AC
Zoning
CR, Toledo - Designated for larger-scale commercial activities that serve a regional market, such as shopping centers, large retail stores, etc.
Parking
70 Spaces (2.85 Spaces per 1,000 SF Leased)
Frontage
246’ on Reynolds
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 06-12081 | Improvements Assessment | $617,578 CAD |
| Land Assessment | $52,287 CAD | Total Assessment | $669,865 CAD |
PROPERTY TAXES
Parcel Number
06-12081
Land Assessment
$52,287 CAD
Improvements Assessment
$617,578 CAD
Total Assessment
$669,865 CAD
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