For Lease
$999,999,999/SF/YR

847 Alexis RdToledo, OH 43612

Kroger Outparcel, High Traffic, For Sale/Lease

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 0.63-acre parcel presents a unique investment opportunity. Currently housing a 2,992 square foot restaurant, this single-tenant property is an outparcel to a thriving Kroger and Target-anchored shopping center, North Towne Commons, and sits adjacent to Home Depot. Its strategic location at the signalized intersection of Lewis Avenue and Alexis Road (Highway 184) ensures high visibility and accessibility. Alexis Road serves as a major east-west commuter artery and retail corridor, boasting impressive daily traffic counts of 36,416 vehicles. The property benefits from proximity to numerous national retailers including Ollie's Bargain Outlet, Dollar Tree, Lowe's, McDonald's, Office Max, and more. Furthermore, its location less than 0.8 miles from GM's Toledo Propulsion Systems Manufacturing Facility, a major economic driver with over $1.9 billion in recent investments, guarantees a substantial and stable customer base. The surrounding area boasts a significant population of over 180,614 residents within a 6-mile radius, generating a total consumer spending of $1.9 billion. The property's proximity to I-75 further enhances its appeal. This is a rare chance to acquire a well-positioned QSR property in a high-growth area with exceptional visibility and strong demographics. The property is available for sale or lease.

Highlights

  • 0.63-acre parcel with an existing 2,992 SF restaurant building.
  • Outparcel to a Kroger & Target-anchored center, adjacent to Home Depot.
  • High traffic location with 33,416 VPD, situated at the signalized intersection of Lewis Avenue and Alexis Road (Highway 184).
  • Strong demographics: over 180,614 residents within a 6-mile radius, with $1.9 billion in consumer spending.
  • Excellent access to I-75 and major employers, including GM's Toledo Propulsion Systems facility.

Property Details for 847 Alexis Rd

Property type
Retail properties, Drive through restaurants
RSF (Rentable sq. ft)
6,000 SF

Unit(s) available at that property

Space
Size
6,000 SF
Rate per SF
$999,999,999

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.7213263
Longitude
-83.564802
847 Alexis Rd, Toledo, Ohio

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Contacts

Julius Swolsky
Julius Swolsky
Visit Broker Website

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847 Alexis Rd, Toledo, Ohio, 43612

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

847 Alexis Rd
  • Julius Swolsky
    Julius Swolsky
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