For Sale $725,000
Property Type Retail - Strip
Property Size 10,000 SF
Lot Size 1 Acre
Parking Spaces Avail. 50
Property Tenancy Multi-Tenant
Year Built 1977
Date Updated Dec 13, 2023

Located on Hill Avenue just west of South ReynoldsShopping Center Investment Opportunity 100% Occupancy Commitment to the area with 4 of the 6 tenants being at this location for 15+ years Actual Net Operating Income: $70,207- Cap Rate: 9.7% Ample Parking with 50 paved spaces Excellent Demographics with a population of 193,156 within a 5-mile radius

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Attachments

5255 Hill Avenue Sale Data Sheet (PDF) opens in new window

Contacts

Joe Belinske

Reichle Klein Group

(419) 794-3951

Location

Getting Around

Walk Score ®
56/100 Somewhat Walkable
Bike Score ®
45/100 Somewhat Bikeable

Map
Street

City Toledo, OH
Neighborhood Reynolds Corners
Zip Code 43615
Market Toledo

Points of Interest

Toledo

6.47 miles

Marathon

1.34 miles
BP

1.96 miles
Sam's Club

2.08 miles
Speedway

2.62 miles
Shell

2.63 miles
Speedway

2.79 miles
Shell

2.94 miles
BP

3.02 miles
Speedway

3.04 miles
Speedway

3.07 miles

Gateway Parking

2.62 miles
Lot 25

2.63 miles
Lot 25S

2.66 miles
Lot 25N

2.70 miles
Wildwood Parking Lot #1

2.72 miles
Wildwood Parking Lot #2

2.75 miles
Lot 26

2.76 miles
Lot 12

2.76 miles
Lot 27A

2.77 miles
Lot 42A

2.79 miles

Hill's Kitchen

0.00 miles
Ollie's kitchen

0.01 miles
Pho Noodle

0.09 miles
Burger King

0.15 miles
Church's Chicken

0.16 miles
McDonald's

0.18 miles
The Mango Tree

0.24 miles
City Hall Grille & Drinks

0.29 miles
Star of India

0.40 miles
Subway

0.53 miles

Kohl's

1.68 miles
Middle East Market

1.80 miles
Gander Mountain

1.85 miles
Kroger

1.92 miles
Furniture Row

2.03 miles
Target

2.14 miles
Tee Oriental Food

2.15 miles
Walmart Supercenter

2.26 miles
TJ Maxx

2.35 miles
Walmart Supercenter

2.62 miles

Frequently Asked Questions

What is the lease rate for 5255 Hill Avenue?

Rental asking rate at 5255 Hill Avenue is $362,500.00/YR.

What is the total square footage of 5255 Hill Avenue?

5255 Hill Avenue totals 10,000 square feet.

When was this property built?

5255 Hill Avenue was built in 1977.

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