5825 Jackman Rd - Freestanding FOR SALE
Toledo, OH 43613 |
5825 Jackman Rd
Toledo, OH 43613
HIGHLIGHTS
- Renovated retail center in North Toledo, with stable in-place income from a diverse tenant mix and strong value-add potential.
- Includes four fully leased ground-floor retail suites and an unfinished second floor ideal for multifamily conversion.
- Prime location with pylon signage visible to over 40,000 vehicles daily, with 46 on-site parking spaces for customers, employees, and residents.
- Surrounded by traffic-driving retailers and amenities, and across from GM’s Toledo Plant, delivering a large customer base of over 1,500 employees.
- Strong multifamily submarket, with 3.7% five-year average rent growth, 176,000 residents, and $1.9 billion in 2024 consumer spending within 5 miles.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Occupied Retail & New Multifamily Opportunity
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
15000
STORIES
2
YEAR BUILT
1955
SPRINKLERS
-
PARKING SPACES
46
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
23-34107,23-34114
