580 Craig DrPerrysburg, OH 43551

Property Details for 580 Craig Dr

Year built

1998

Lot size

2.47 AC

Property size (Sq ft)

25,550 SF

Property type

Retail properties

Property subtype

Strip malls

APN

Q61-400-0704-04-028.000

APU

Q61400070404028000

Description

Perry's Junction, a single-story retail and restaurant center in Perrysburg, Ohio, offers exceptional visibility and accessibility. This 25,844 square foot property boasts 11 suites, with 1,350 square feet currently vacant, offering immediate occupancy opportunities for businesses seeking prime retail space. The available space ranges from approximately 1,350 to 1,600 square feet, ideal for a variety of retail or restaurant concepts. Located in a high-growth area of Perrysburg, a rapidly expanding retail corridor in the Toledo area, the center benefits from its strategic position between a significant population base and the I-475 interchange on State Route 25. Its outlot location adjacent to Costco ensures high traffic volume and regional draw, further enhanced by its proximity to Levis Commons and Riverplace Center. The property features a signalized access point, ensuring easy ingress and egress, and provides excellent visibility and signage opportunities for tenants. Ample parking is available with 154 spaces to accommodate customers and employees. This prime location within Wood County, in the Toledo, Lucas County, Wood County submarket cluster, presents a unique opportunity for businesses seeking high visibility and strong foot traffic in a thriving retail environment. The property's strategic location and amenities make it an ideal investment for businesses looking to establish or expand their presence in a dynamic and growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $6,429,562

  6.5%

  $5,934,980

  7%

  $5,511,054

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,022,666

  Geo Method

  $6,022,666

• Alternative Use

  Use

  Valuation

  Residential

  $5,006,378

  Hospitality

  $4,585,816

  Educational

  $3,815,345

  Medical

  $3,946,560

  Retail

  $5,934,980

Location Insight

City

Perrysburg

County

Wood

State

Ohio

Latitude

41.5374

Longitude

-83.6335

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].