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Toledo Dhaliwal Plaza 12 E Bancroft St
137 - 18,000 SF of Retail Space Available in Toledo, OH 43620
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 137-18,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
2124 Franklin Ave - 1st Floor
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- 1 Loading Dock
- Anchor Space
- Central Air and Heating
- Private Restrooms
- Corner Space
- Drop Ceilings
- After Hours HVAC Available
- Drive Thru
- Display Window
- Located in close proximity of Downtown Toledo
- Neighboring Mercy Health Medical Hospital
- Brand new YMCA facility being built next door
- Multple new developments in area
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.
PROPERTY FACTS FOR 12 E Bancroft St , Toledo, OH 43620
| Min. Divisible | 137 SF | Frontage | 442’ on Bancroft St |
| Center Type | Neighborhood Center | Gross Leasable Area | 55,103 SF |
| Parking | 225 Spaces | Total Land Area | 9.32 AC |
| Stores | 15 | Year Built | 1983 |
| Center Properties | 2 |
| Min. Divisible | 137 SF |
| Center Type | Neighborhood Center |
| Parking | 225 Spaces |
| Stores | 15 |
| Center Properties | 2 |
| Frontage | 442’ on Bancroft St |
| Gross Leasable Area | 55,103 SF |
| Total Land Area | 9.32 AC |
| Year Built | 1983 |
About the Property
The retail shopping center spans approximately 53,365 sq ft and occupies 4.72 acres of land in the heart of Toledo, also known as the Glass Capital of the World. Toledo is the 4th most populated city in Ohio, with a population of 268,508 according to the 2021 U.S census bureau data. The city is home to many esteemed institutions such as The University of Toledo, Mercy College of Ohio, Davis University, Athena Career Academy, and Toledo Express Airport. This shopping center comprises a total of 15 units, suitable for a variety of purposes such as a barber shop, salon, music recording studio, grocery store, restaurant, therapy facility, medical center, drive through, bank and more. Currently undergoing renovation, the retail center is being equipped with brand new HVAC systems, LED lightings, and exterior facade. The shopping center is nestled in a bustling commercial area with high foot traffic and excellent visibility. The location has entrances from Franklin Avenue and E. Bancroft Street as well as delivery access from Wayman Palmer Court. Additionally, a new YMCA facility, with an estimated cost of $40 million, is scheduled to open next door in the second half 2024, further enhancing the appeal of the area.
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
Nearby Major Retailers
Learn More About Leasing Retail Properties
Presented by
Brilliance Properties
Toledo Dhaliwal Plaza | 12 E Bancroft St
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