2 Story Department Store Building For Sale 5001 Monroe St
647,884 SF Retail Building Toledo, OH 43623 For Sale
INVESTMENT HIGHLIGHTS
- 186,883 SF two (2) story department store attached to Franklin Park Mall available for sale
- 20.566 Acre parcel with access from every side of the mall
- +/- 1,286 ft of frontage with two traffic lights on Tallmadge Rd
- First Floor: 93,725 SF, Second Floor: 93,158 SF
- Two (2) level parking garage with 302 parking spaces with access to the first and second floor of the Macy’s and Dillard’s building
- Neighboring tenants include Dick’s Sporting Goods, Dillard’s, JCPenney, Kohl’s, Cinemark, Burlington, Petco, and more
EXECUTIVE SUMMARY
2-Story Department Store Available For Sale
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
647,884 SF
Building Class
B
Year Built/Renovated
1971/2005
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.72
Lot Size
20.56 AC
Zoning
CR-SO - Regional Commercial - Shopping Center Sign Control Overlay
Parking
5,200 Spaces (4.12 Spaces per 1,000 SF Leased)
AMENITIES
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,470,180 (2023) | |
| Land Assessment | $3,575,565 (2023) | Total Assessment | $7,045,745 (2023) |
