4050 Talmadge RdToledo, OH 43623

Property Details for 4050 Talmadge Rd

Year built

2000

Lot size

0.88 AC

Property size (Sq ft)

5,141 SF

Zone code

10-CR

Property type

Retail properties

Property subtype

Turn key restaurants

APN

23-27001

APU

2327001

Description

This exceptional investment opportunity presents a freestanding Panera Bread restaurant located at 4050 Talmadge Rd, Toledo, Ohio 43623. The property boasts 5,141 square feet and is situated on an outlot of the prominent Franklin Park Mall, benefiting from high visibility and convenient access. The property features a drive-through, a key element contributing to its strong performance. The current tenant, a corporate Panera Bread location, enjoys a 100% occupancy rate under an absolute NNN lease, relieving the landlord of all responsibilities. The lease has one five-year renewal option remaining, extending the lease term through December 31, 2028. This location demonstrates exceptional financial performance, with average annual sales ranging from $3.4 million to $3.6 million. The property benefits from a prime retail location with full access via curb cuts on both Talmadge Road and Franklin Park Mall Perimeter Drive, ensuring excellent accessibility for customers. This is a rare opportunity to acquire a stable, high-performing investment property with a strong tenant and a desirable location within a thriving retail center. The property's consistent revenue stream and minimal landlord responsibilities make it an attractive addition to any investment portfolio.

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.6928

Longitude

-83.644

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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