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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 (CAD) Annual Per SF (CAD)
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $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
Land Acres
20.56 AC
Zoning
C-4, Shopping Center
Parking
5,200 Spaces (4.12 Spaces per 1,000 SF Leased)

Amenities

  • Signalized Intersection

Nearby Major Retailers

F45
BIGGBY Coffee
BJ's Restaurant & Brewhouse
Keybank
Bob Evans
Scooter's Coffeehouse
IHOP
Huntington National Bank
LongHorn Steakhouse
Red Robin Gourmet Burgers And Brews

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 22-65157
  • 23-74231
  • 23-74235
  • 23-74239
  • 23-74232
  • 23-74240
Land Assessment
$5,010,296 CAD (2023)
Improvements Assessment
$4,862,624 CAD (2023)
Total Assessment
$9,872,921 CAD (2023)
  • Listing ID: 33012899

  • Date on Market: 2024-08-30

  • Last Updated:

  • Address: 5001 Monroe St, Toledo, OH 43623

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