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The Pillars Plaza 5122 Heatherdowns Blvd 1,200 - 6,450 SF of Space Available in Toledo, OH 43614
HIGHLIGHTS
- Beautiful Interior Space
- Average HH Income Over $65,000
- BROKERS PROTECTED
- 57,000+ VPD at the corner of Reynolds & Heatherdowns
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $20,101 CAD/YR $1,675 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 3,750 SF | Negotiable | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $73,286 CAD/YR $6,107 CAD/MO | TBD | ||
| 1st Floor, Ste 102 | 1,500 SF | Negotiable | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $31,408 CAD/YR $2,617 CAD/MO | Full Service |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor
Turn-key restaurant for lease. Furniture, fixtures, equipment and liquor license available separately.
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
1st Floor, Ste 102
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT THE PILLARS PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Cinco De Mayo
- Accommodation and Food Services
- -
- -
- SALON CENTRIC
- -
- -
- -
- You First By Grant Services
- Administrative and Support Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Cinco De Mayo | Accommodation and Food Services | - | - |
| SALON CENTRIC | - | - | - |
| You First By Grant Services | Administrative and Support Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 6,450 SF | Total Land Area | 2.02 AC |
| Property Type | Retail | Year Built/Renovated | 1984/2009 |
| Property Subtype | Storefront | Parking Ratio | 3.8/1,000 SF |
| Gross Leasable Area | 23,078 SF |
| Total Space Available | 6,450 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 23,078 SF |
| Total Land Area | 2.02 AC |
| Year Built/Renovated | 1984/2009 |
| Parking Ratio | 3.8/1,000 SF |
ABOUT THE PROPERTY
Pillars Plaza is a single story mix use shopping plaza, providing 7 retail store fronts and 5 office units. All utilities are included with rent. Fully secured access during off business hours. Plenty of parking, great street visibility. Perfect location for attorneys, insurance offices and private single use offices. The Pillars Plaza is located just off the corner of Heatherdowns Blvd. and Reynolds Rd. Ideally located just 1/8 of a mile from Maumee, Ohio with convenient access to all of Toledo, Holland, Maumee and Sylvania Ohio. The Pillars Plaza has large traffic volume with great street visibility.
- Pylon Sign
- Air Conditioning
NEARBY MAJOR RETAILERS
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The Pillars Plaza | 5122 Heatherdowns Blvd
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