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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

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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
Huntington National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-00021
  • 18-78657
Land Assessment
$33,045 CAD
Improvements Assessment
$32,947 CAD
Total Assessment
$65,992 CAD
  • Listing ID: 30985699

  • Date on Market: 2024-02-17

  • Last Updated:

  • Address: 4441 N Summit St, Toledo, OH 43611

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