1708-1720 W Alexis Rd
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1708-1720 W Alexis Rd
4,000 SF 100% Leased Retail Building Toledo, OH 43613 $744,172 CAD ($186 CAD/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
$744,172 CAD
Price Per SF
$186 CAD
Cap Rate
7.86%
NOI
$58,494 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
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
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 23-34117 | Improvements Assessment | $96,079 CAD |
| Land Assessment | $36,550 CAD | Total Assessment | $132,629 CAD |
PROPERTY TAXES
Parcel Number
23-34117
Land Assessment
$36,550 CAD
Improvements Assessment
$96,079 CAD
Total Assessment
$132,629 CAD
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1708-1720 W Alexis Rd
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