5145 N. Summit Street

Retail-Commercial for Sale
Catylist Listing ID: 30366139
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 1,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.14 Acres
Sale Price: $110,000
Unit Price: $110 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2019

Overview / Comments

Highly visible with easy access. Great for fast food/pizza, cell phone store, retail, etc. Current tenant pays $1,300 per month NNN with the lease expiring January 1, 2022. The tenant also has 3 – 5 year options to renew their lease.

Additional Details

Nearest MSA: Toledo
County: Lucas
Tax ID/APN: 12-10870
Zoning: CR
Retail Clientele: General
Property Located Between: 122 nd Street & 120 th Street
Property Visibility: Good
Largest Nearby Street: Summit
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,000 SF
Property Condition: Good
Year Built: 1984
Roof Type: Other
Construction/Siding: Concrete
Exterior Description: Exterior Walls: Concrete block Structural System: Steel joist Roof: Built up Floors: Concrete Floor Coverings: Vinyl tile
Total Parking Spaces: 12
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,343 31,447 113,364
Median Age: 41.87 37.55 35.77
Households: 4,440 12,332 45,397
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