2518 S Reynolds Rd - Freestanding FOR SALE


Toledo, OH 43614- Southwyck
$1,085,206 USD
214-692-2289
2518 S Reynolds Rd, Toledo, OH for Sale
$1,085,206 USD
Freestanding - FOR SALE
1/3
null | 8.5% Cap Rate

2518 S Reynolds Rd
Toledo, OH 43614
Southwyck


HIGHLIGHTS

  • Investment-grade BBB credit tenant with corporate lease guarantee and strong financials.
  • ±6.25 years remaining on a recently extended NN lease with three 5-year renewal options.
  • Annual NOI of $92,243 and an attractive 8.50% cap rate for stable cash flow.
  • 2017 retrofit for Dollar Tree; ±10,500 SF building with modern retail infrastructure.
  • Prime location at HWY 20 & I-80 intersection with ±52,900 vehicles per day.
  • Affluent 5-mile demographics with average household income of $103,430.

OVERVIEW

Matt Wallace Matthews Real Estate Investment Services, Inc License # REC.2022007141, BRKP.2024002419 (OH) 950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,085,206 USD

PRICE/SF

$103 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

CR

APN/PARCEL ID

21-00851

ASK ABOUT THIS PROPERTY

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214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.