5255 Hill AveToledo, OH 43615

This exceptional 10,000 square foot shopping center, located at 5255 Hill Avenue in Toledo, Ohio (zip code 43615), presents a compelling investment opportunity. The property boasts a strong 10% capitalization rate and a current net operating income of $70,034. Currently operating at 100% occupancy, the center features a mix of tenants, four of which have been established at this location for over 15 years, demonstrating a commitment to the area and strong tenant loyalty. The asking price is $695,000, translating to a price per square foot of $69.50. Ample parking is available with 50 paved spaces to accommodate customers and employees. The property benefits from excellent demographics, situated within a 5-mile radius of a population of 193,156. This multi-tenant retail investment is ideal for those seeking a stable, high-performing asset in a thriving market. The property is classified as a retail shopping center investment and is situated in Lucas County. The property's location offers convenient access for customers and employees. This is a rare opportunity to acquire a well-established, fully occupied shopping center with a proven track record of success.