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Lighthouse Landing Shopping Center 4441 N Summit St 22,500 SF 100% Leased Retail Building Toledo, OH 43611 $1,797,250 CAD ($79.88 CAD/SF) 7.69% Cap Rate



INVESTMENT HIGHLIGHTS
- Across the street from Lake Erie on Summit St
- Great Retail Possibilty
EXECUTIVE SUMMARY
Located in the lakeside community of Point Place in the Lighthouse Landing Plaza. Beautiful Maumee River and walking path across the street. Easy access to 1-75. Near the border of Ohio and Michigan.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,500 SF
Building Class
B
Year Built/Renovated
1970/2013
Price
$1,797,250 CAD
Price Per SF
$79.88 CAD
Cap Rate
7.69%
NOI
$138,250 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.18
Lot Size
2.81 AC
Zoning
C-25
Parking
144 Spaces (6.4 Spaces per 1,000 SF Leased)
Frontage
190’ on Summit
AMENITIES
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $32,947 CAD | |
| Land Assessment | $33,045 CAD | Total Assessment | $65,992 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$33,045 CAD
Improvements Assessment
$32,947 CAD
Total Assessment
$65,992 CAD
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Lighthouse Landing, LLC
Lighthouse Landing Shopping Center | 4441 N Summit St
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