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1708-1720 W Alexis Rd 4,000 SF 100% Leased Retail Building Toledo, OH 43613 $717,701 CAD ($179.43 CAD/SF) 7.86% Cap Rate
Investment Highlights
- Property is in great condition, with two established tenants
- Located at a signalized intersection with high visibility from Alexis Rd.
- Recently sealed and striped parking lot.
- Each suite has its own restroom.
Executive Summary
Multi-tenant. Currently two tenants, can accommodate up to four.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,000 SF
Building Class
C
Year Built
2007
Price
$717,701 CAD
Price Per SF
$179.43 CAD
Cap Rate
7.86%
NOI
$56,414 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.47 AC
Zoning
CR - Regional Commercial Zoning
Parking
17 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
75’ on Alexis Rd
Nearby Major Retailers
Property Taxes
| Parcel Number | 23-34117 | Improvements Assessment | $136,985 CAD |
| Land Assessment | $14,115 CAD | Total Assessment | $151,100 CAD |
Property Taxes
Parcel Number
23-34117
Land Assessment
$14,115 CAD
Improvements Assessment
$136,985 CAD
Total Assessment
$151,100 CAD
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1708-1720 W Alexis Rd
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