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5201 Monroe St
Toledo, OH 43623
BBB Monroe Center · Retail Property For Lease · 2,400 SF

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HIGHLIGHTS

  • 3rd Most visited Property within a 30-mile radius with over 5-Million visits over the last 12-months
  • Most-visited open air shopping center in a 5-mile radius
  • GLA: 543,378 SF
  • 2,432 total parking; ample parking available
  • High performing anchor tenant, Fresh Thyme, and shadow anchors, Target, Gabes, Marshalls-Home Goods, Hobby Lobby, and Golf Galaxy

PROPERTY FACTS

Total Space Available 2,400 SF
Center Type Neighborhood Center
Parking 334 Spaces
Center Properties 2
Frontage Monroe St
Gross Leasable Area 57,680 SF
Total Land Area 4.58 AC
Year Built 1971

ABOUT THE PROPERTY

The Monroe Street Portfolio is one of the dominant, center of gravity open air shopping centers in the extended trade area along the Monroe Street Corridor, ranking as the 3rd most visited property within a 30- mile radius with over +5 million visits over the last 12 months. Toledo, Ohio is strategically located in the northern part of Ohio, serving as a key economic and commercial hub within the Midwest region. With a population of +276,000 residents and a metropolitan area of +600,000 people. The Property is located in an ideal infill location, just 1.9 miles from Route 23 (+70,000 VPD) and 2.0 miles from I-475 (+71,000 VPD), with excellent roadway visibility and transportation infrastructure driving consumers from the extended trade radius, with a 5-mile population of +197,892 and average household income of $72,693. Toledo, Ohio is strategically located in the northern part of Ohio, serving as a key economic and commercial hub within the Midwest region. With a population of +276,000 residents and a metropolitan area of +600,000 people, Toledo offers a dynamic market for commercial real estate and businesses alike. Toledo has a diverse and robust economy that encompasses a range of industries. Traditionally known as the “Glass City” due to its history of glass manufacturing, the economy spans sectors such as healthcare, manufacturing, education, retail, and logistics. The presence of major companies like Owens Corning, Dana Incorporated, and Libbey Inc. contributes significantly to the local economy. Additionally, the University of Toledo serves as a key driver of education and research-related activities.

  • Listing ID: 31027117

  • Date on Market: 2024-01-12

  • Last Updated:

  • Address: 5201 Monroe St, Toledo, OH 43623

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