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Shopping Strip

Meijer Anchored Shops

1385 - 89 Conant St, Maumee, OH 43537

Listing Price: $3,540,200

Cap Rate
6.85%
Gross SF
10,000
Rentable SF
10,000
Price/Gross SF
$354.02
Lot Size
2.13 acres
Year Built
2006

Investment Overview

The Property is Fully Leased to 6 Tenants: Chipotle, Deet's BBQ, Tropical Smoothie Cafe, Great Clips, Redflame Teriyaki & Sushi, and Steak Escape. Located along the Maumee River and about 10 miles southwest of Toledo in Lucas County, Ohio, Maumee is an ideal location for large and small businesses of every sector. Various Fortune 500 companies such as UPS, Eaton, and many others have significant facilities in the Maumee community. Two other Fortune 500 firms, the Andersons and Dana Corporation, maintain their corporate headquarters in the city of Maumee.

Investment Highlights

  • 100 Percent Leased to Diverse Tenant Profile Including Chipotle, Great Clips, and Tropical Smoothie Cafe
  • Building Includes End Cap Drive-Thru
  • Long Term Occupancy History - All Tenants Have Been at Property for Close to 10 Years or Longer
  • Triple-Net Leases with Rental Increases and Renewal Options on Terms
  • High Visibility Hard-Corner Location Along Conant Street (Over 20,000 Cars per Day)
  • 407,233 Residents within a Ten-Mile Radius - Dense Toledo Infill
  • Shadow-Anchored by Meijer Grocery Store with Shared Ingress & Egress
  • Located in Strong Retail Corridor, Surrounded by National Tenants: Meijer, Kroger, Taco Bell, Verizon, Five Guys, Dunkin Donuts, Pizza Hut, and Many More

Exclusively Listed By

Financing By

Shopping Strip

Meijer Anchored Shops

Listing Price: $3,540,200

Cap Rate
6.85%
Gross SF
10,000
Rentable SF
10,000
Price/Gross SF
$354.02
Lot Size
2.13 acres
Year Built
2006

Investment Highlights

  • 100 Percent Leased to Diverse Tenant Profile Including Chipotle, Great Clips, and Tropical Smoothie Cafe
  • Building Includes End Cap Drive-Thru
  • Long Term Occupancy History - All Tenants Have Been at Property for Close to 10 Years or Longer
  • Triple-Net Leases with Rental Increases and Renewal Options on Terms
  • High Visibility Hard-Corner Location Along Conant Street (Over 20,000 Cars per Day)
  • 407,233 Residents within a Ten-Mile Radius - Dense Toledo Infill
  • Shadow-Anchored by Meijer Grocery Store with Shared Ingress & Egress
  • Located in Strong Retail Corridor, Surrounded by National Tenants: Meijer, Kroger, Taco Bell, Verizon, Five Guys, Dunkin Donuts, Pizza Hut, and Many More

Investment Overview

The Property is Fully Leased to 6 Tenants: Chipotle, Deet's BBQ, Tropical Smoothie Cafe, Great Clips, Redflame Teriyaki & Sushi, and Steak Escape. Located along the Maumee River and about 10 miles southwest of Toledo in Lucas County, Ohio, Maumee is an ideal location for large and small businesses of every sector. Various Fortune 500 companies such as UPS, Eaton, and many others have significant facilities in the Maumee community. Two other Fortune 500 firms, the Andersons and Dana Corporation, maintain their corporate headquarters in the city of Maumee.

Exclusively Listed By

Financing By

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