For Sale
$1,890,000
2021 Reynolds Rd Toledo, OH 43614
High-yield, single-tenant net lease property.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Goodwill, a national nonprofit with over 4,000 stores and $5B+ in 2021 revenue, has occupied the property since 1990, recently renewing their lease in 2018 for a 10-year term (4+ years remaining).
- The lease is a Double Net (NN) lease, minimizing landlord responsibilities. Tenant pays all operating expenses, including CAM, taxes, and insurance.
- A new roof installed in 2021 comes with a 20-year warranty (17+ years remaining).
- The property is across the street from a new 150,000 sq ft Amazon delivery station, boosting area traffic and employment.
- Strategically located on South Reynolds Road (US-20), 8 miles southwest of downtown Toledo, with excellent access to I-80, I-90, and I-475, near major retailers and dense residential areas.
- The property's trade area includes numerous national retailers such as Walgreens, Olive Garden, and Lowe's, driving significant traffic.
Property Details for 2021 Reynolds Rd
- Property type
- Retail properties, Retail space
- Square Feet
- 21,712 SF
- Year Built
- 1972
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 83,635 SF
- Units
- 1
Location Insight
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Latitude
- 41.60310797
- Longitude
- -83.66464197
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, single-tenant net lease property.
- Where is the retail property located?
- The property is located at 2021 Reynolds Rd Toledo, OH.
- What is the asking price?
- The asking price for this property is $1,890,000.
- What are key features of this property?
- This property features: Goodwill, a national nonprofit with over 4,000 stores and $5B+ in 2021 revenue, has occupied the property since 1990, recently renewing their lease in 2018 for a 10-year term (4+ years remaining).; The lease is a Double Net (NN) lease, minimizing landlord responsibilities. Tenant pays all operating expenses, including CAM, taxes, and insurance.; A new roof installed in 2021 comes with a 20-year warranty (17+ years remaining).
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