Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire a fee simple interest in the At Home property located at 2244 S Reynolds Road in Toledo, Ohio. At Home operates under an absolute NNN lease with zero landlord responsibilities, providing investors with a truly passive income stream. The lease features approximately five years and four months of remaining term and includes four five-year renewal options, with rent increasing by 2.00% annually throughout both the base and option periods.
The Property consists of a 111,763-square-foot retail building situated on a sizable 11.01-acre parcel. Originally constructed in 1972, the building underwent a full renovation in 2015 as part of At Home’s conversion of a former Kmart into its large-format prototype. The site benefits from excellent access and visibility directly along S Reynolds Road (23,207+ VPD) and sits just off the Ohio Turnpike (I-80/I-90), which sees more than 27,554 vehicles per day. The Property’s strategic location within a high-traffic corridor enhances its long-term real estate value and retail viability.