Description
We are pleased to present this opportunity. Goodwill at 2021 S. Reynolds Road in Toledo is offered as a single-tenant net-lease investment for $1,952,980. The 21,712 SF retail and distribution property is marketed at a 7.75% capitalization rate on reported NOI of $151,356, giving investors a defined income profile tied to an established national thrift-store operator.
Built in 1972, the property occupies approximately 1.92 acres and includes 81 parking spaces. Its position along the heavily traveled South Reynolds Road corridor provides visibility and convenient access within the Toledo market. The building and site configuration support Goodwill’s retail and distribution use.
Offering Summary
- Asking Price$1,952,980
- Price PSF$89.95
- Price/Acre$1,017,177.08
- Property TypeRetail
- Size21,712 SF
- Built1972
- Parking81
- Total Acres~1.92 ac
Sale Details
- Cap Rate7.75%
- NOI$151,356
Documents
Property Address
2021 S Reynolds Road
Toledo, OH 43614
Property Details
- Property Type
Retail - Gross Leasable Area
21,712 SF - Year Built
1972 - Total Parking
81 - Acres
1.92
Deal Team
Sal Yaldo
Managing Partner
Apex Commercial Real Estate Advisors MI RE Lic. 6501438965