Miracle Mile Shopping Plaza | 4925 Jackman Rd
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Miracle Mile Shopping Plaza 4925 Jackman Rd
298,765 SF Retail Building Toledo, OH 43613 For Sale
Investment Highlights
- MARKET LEADING GROCERY ANCHOR
- SUBSTANTIAL VALUE-ADD OPPORTUNITY
- DENSE AND STABLE DEMOGRAPHICS
- STRONG HISTORICAL OCCUPANCY
- DOMINANT RETAIL MARKET
- HIGHER EDUCATION AND ECONOMIC DESTINATION
Executive Summary
Mid-America Real Estate Corporation, (in cooperation with Anchor Associates, LLC a licensed Ohio broker), has been retained by the owner to sell the 100% fee simple interest in Miracle Mile Shopping Plaza, a grocery-anchored shopping center surrounded by the dense residential neighborhoods in northwest Toledo. The center provides an investor the opportunity to acquire an excellent performing Kroger ($74 million in sales) that exercised its 5-year option in January 2024. The asset also offers substantial upside potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
298,765 SF
Building Class
B
Year Built
1995
NOI
$1,702,232 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.21
Land Acres
32.90 AC
Zoning
C-21
Parking
1,479 Spaces (4.95 Spaces per 1,000 SF Leased)
Frontage
516 ft on Laskey Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Available storefront for lease, commercial real estate surrounded by a dense population of 100,000+ residents within 3 miles.
| Space | Size | Space Use | Position | Available |
| 31 | 3,000 SF | Retail | In-Line | Now |
31
| Size |
| 3,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
31
| Size | 3,000 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Available storefront for lease, commercial real estate surrounded by a dense population of 100,000+ residents within 3 miles.
Walk Score ®
Very Walkable (78)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 15-03197 | Improvements Assessment | $1,334,522 CAD |
| Land Assessment | $400,728 CAD | Total Assessment | $1,735,250 CAD |
PROPERTY TAXES
Parcel Number
15-03197
Land Assessment
$400,728 CAD
Improvements Assessment
$1,334,522 CAD
Total Assessment
$1,735,250 CAD
-
Ben Wineman -
Eric Geskermann -
Mid-America Real Estate Corp.
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Miracle Mile Shopping Plaza | 4925 Jackman Rd
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