Offering Memorandum

Investment Sale

Marko Plaza

5380 Monroe St
Toledo, Ohio

eCode:147i

Sales Price

$3,238,970

NOI

$226,728

Cap Rate

7.00%

Building Size

12,949 SF

Lot Size

1.18 AC

Year Built

1986

Tenant Roster

  • Lendmark
  • Verizon
  • Subway
  • Bassett Nut Co.

Traffic Count

Monroe St (16,060 CPD)

Highlights

  • Top Performing Verizon – Top 10% Nationwide (Per Placer.AI)
  • 100% Occupied | 70% National Tenancy
  • All NNN Leases
  • Prime Monroe Street Corridor
  • Service-Oriented Mix
  • Built-In NOI Growth

Radius 1 mile 3 mile 5 mile
Population Density 7,116 67,548 182,293
Household Income $110,563 $108,904 $103,084
Daytime Pop 8,822 42,699 73,462

SIMILAR PROPERTIES

Single-Tenant
1550 Orchard Crossing
Benton Harbor, Michigan

$3,782,563 | 30,038 SF
Single-Tenant
6829 Airport Highway
Holland, Ohio

$2,000,000 | ~500 SF
Single-Tenant
39700 MacKenzie Dr
Novi, Michigan

Unpriced | 56,429 SF
Single-Tenant
720 Brown Rd
Auburn Hills, Michigan

$2,700,000 | 7,163 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement