Offering Memorandum
Investment Sale
Reynolds Plaza
115 S Reynolds Rd
Toledo, Ohio
Toledo, Ohio
eCode:066i
Sales Price
$2,322,487
NOI
$185,799
Cap Rate
8.00%
Building Size
23,100 SF
Lot Size
2.15 AC
Year Built
1977
Tenant Roster
- Dollar Tree
- Pinnacle Treatment Centers
- Toledo Home Furnishings
Highlights
- Recent 5-Year Dollar Tree Renewal w/ Rent Increase
- Recent 5-Year Toledo Treatment Services Renewal w/ Rent Increase
- Toledo Treatment Services is a full affiliate of Pinnacle Treatment Centers (135 Locations, 35,000 Patients)
- New Home Furnishing Tenant starts 1/1/2026 with Full Personal Guarantee
- $.25 PSF (5%) Annual Rent Increases
- Below Market Rents
| Radius | 1 Mile | 3 Mile | 5 Mile |
| Population Density | 6,625 | 74,520 | 192,199 |
| Household Income | $60,913 | $83,627 | $93,613 |
| Daytime Pop | 3,513 | 32,511 | 94,407 |
SIMILAR PROPERTIES
Multi-Tenant
3852 State Route 31
Liverpool, New York
$3,100,000 | 6,039 SF
Liverpool, New York
$3,100,000 | 6,039 SF
Single-Tenant
2106 US-1
Vero Beach, Florida
Auction | 5,950 SF
Vero Beach, Florida
Auction | 5,950 SF
Single-Tenant
1035 N Susquehanna Trail
Selinsgrove, Pennsylvania
$2,400,000 | 3,265 SF
Selinsgrove, Pennsylvania
$2,400,000 | 3,265 SF
