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7340 Central Ave Toledo, OH 43617

High-Visibility Retail Outparcel, 5,800 SF

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 5,800 square foot retail outparcel, situated on a one-acre lot in Sylvania Township, Ohio, presents a prime opportunity for redevelopment or ground lease. Located directly adjacent to a new Panda Express and boasting excellent visibility from West Central Avenue, this property benefits from its strategic placement on the primary Meijer access drive. The site enjoys significant daily traffic, with over 30,000 vehicles passing by daily. The surrounding demographics are highly desirable, with over 119,000 people residing within a five-mile radius and boasting average household incomes exceeding $94,000. The property's former use as a freestanding restaurant provides a solid foundation for a variety of retail concepts. Options include a ground lease, build-to-suit development, or redevelopment into a multi-tenant retail center, catering to the substantial consumer base in the area. This location offers unparalleled access and exposure, making it an ideal investment for businesses seeking high visibility and a strong customer base. The property's size and location make it a highly attractive proposition for a variety of retail uses. The high traffic count and affluent demographics ensure a strong potential for success. This is a rare opportunity to secure a prominent retail space in a thriving community.

Highlights

  • 5,800 SF vacant retail outparcel available for lease or build-to-suit.
  • Located in Sylvania Township, Lucas County, Ohio, on a one-acre lot.
  • Excellent visibility and access from West Central Avenue, adjacent to a Panda Express and a Meijer grocery store.
  • High traffic count (over 30,000 vehicles daily) and strong demographics (over 119,000 people within a 5-mile radius, average household income over $94,000).
  • Suitable for single-tenant or multi-tenant retail development.

Property Details for 7340 Central Ave

Property type
Retail properties, Retail space
RSF (Rentable sq. ft)
5,800 SF

Unit(s) available at that property

Space
Available Space 1
Size
5,800 SF

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.6742772
Longitude
-83.7186267

FAQs

What type of property is this?
Retail property - High-Visibility Retail Outparcel, 5,800 SF
Where is the retail property located?
The property is located at 7340 Central Ave Toledo, OH.
What are key features of this property?
This property features: 5,800 SF vacant retail outparcel available for lease or build-to-suit.; Located in Sylvania Township, Lucas County, Ohio, on a one-acre lot.; Excellent visibility and access from West Central Avenue, adjacent to a Panda Express and a Meijer grocery store.
How can I contact the broker?
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7340 Central Ave
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