2021 S Reynolds Rd

Discover the vibrant, bustling community surrounding the property in Toledo, OH. The area is home to a variety of retail and dining establishments, providing a desirable destination for both locals and visitors. Within close proximity, the Franklin Park Mall offers a diverse mix of retailers, attracting a steady flow of shoppers. Popular local attractions, such as the Toledo Museum of Art and the Toledo Zoo, provide additional draws to the area, contributing to a lively and dynamic atmosphere. The location's convenient access to major roadways ensures strong visibility and accessibility, making it an ideal investment opportunity for retail and street retail investors.

• Attractive Yield: Offered at a 7.75% cap rate with ~$151K NOI, providing strong in-place cash flow
• Corporate-Backed Tenant: Lease guaranteed by Goodwill, a nationally recognized operator with over 4,000 locations and $7B+ in revenue
• Recession-Resilient Use: Essential, needs-based retail with consistent traffic driven by donation and resale model
• Minimal Landlord Responsibilities: NN lease structure with tenant covering majority of expenses, reducing ownership burden
• Strong Real Estate Fundamentals: 21,712 SF building on 1.92 acres with ample parking and functional layout
• High Visibility Location: Positioned on a heavily trafficked corridor with excellent frontage and accessibility
• Value-Add Potential: Below replacement cost (~$90/SF) with future repositioning or redevelopment upside
• Dense Retail Corridor: Surrounded by national retailers and strong consumer traffic drivers. (see aerials on pages 5–6)
• Accessible Midwest Market: Located in Toledo with a population of ~170K within 5 miles and solid household incomes