1708-1720 W Alexis Rd
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1708-1720 W Alexis Rd
4,000 SF 100% Leased Retail Building Toledo, OH 43613 $525,000 ($131/SF) 7.86% Cap Rate
Investment Highlights
- Property is in great condition, with two established tenants
- Located at a signalized intersection with high visibility from Alexis Rd.
- Recently sealed and striped parking lot.
- Each suite has its own restroom.
Executive Summary
Multi-tenant. Currently two tenants, can accommodate up to four.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,000 SF
Building Class
C
Year Built
2007
Price
$525,000
Price Per SF
$131
Cap Rate
7.86%
NOI
$41,267
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Land Acres
0.47 AC
Zoning
CR - Regional Commercial Zoning
Parking
17 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
75 FT on Alexis Rd
PROPERTY TAXES
Parcel Number | 23-34117 | Improvements Assessment | $67,900 |
Land Assessment | $25,830 | Total Assessment | $93,730 |
PROPERTY TAXES
Parcel Number
23-34117
Land Assessment
$25,830
Improvements Assessment
$67,900
Total Assessment
$93,730
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1708-1720 W Alexis Rd
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