This Retail Property is no longer advertised on LoopNet.com.

4580 Monroe St
Toledo, OH 43613

Walgreens · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • INVESTMENT GRADE CREDIT TENANT - Corporately guaranteed lease from Walgreens with an S&P credit rating of BBB.
  • STRATEGIC MEDICAL HUB - The subject property is strategically located near an abundance of hospitals, medical centers, and clinics.
  • HARD CORNER LOCATION - Strategically positioned on a highly visible 1.6 AC parcel on the hard corner of a 4-way intersection seeing over 60,000 VPD.
  • ABSOLUTE NNN LEASE - There are ~4.7 years remaining on an Absolute NNN Fee Simple lease with zero landlord responsibilities.
  • DENSE RETAIL MARKET - Located in a prime retail trade area with 230,564 people within a 5-mile radius.
  • LONG-TERM OPERATING HISTORY - Walgreens has operated at this location for over 20 years, demonstrating their long-term commitment to the location.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,125 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.60 AC
Zoning
10-CR - General Commercial
Parking
58 Spaces (4.56 Spaces per 1,000 SF Leased)
Frontage
263 FT on Monroe St

AMENITIES

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

  • Listing ID: 28617459

  • Date on Market: 5/31/2023

  • Last Updated:

  • Address: 4580 Monroe St, Toledo, OH 43613