Toledo, OH 43615

PNC Bank

Property Address

5203 Hill Avenue, Toledo, OH, USA

Offering Summary

  • Price: $1,023,000
  • Lot Size: .58 Acres
  • Cap Rate: 7.0%
  • Year Built: 1978
  • Building SF: 2,865
  • Status: In Escrow
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  • Absolute Triple-Net (NNN) Corporate Lease with PNC Bank
  • 5 Years Remaining on Lease Term
  • 197,823 Residents within 5 Miles of Subject Property - Infill Toledo
  • Signalized Hard Corner Location at the Intersection of Hill Avenue and N Reynolds Road, Visible to 37,500+ Cars/Day
  • Surrounded by Major National Retailers - McDonald’s, Burger King, Rite Aid, Save-ALot, and More
  • 3 Miles from The University of Toledo (20,380+ Students)
  • Less Than 2 Miles off Interstate 475, a Major Connector for the Toledo MSA
  • Average Household Income Exceeds $70K in 5-Mile Radius
  • Strong Daytime Population - 223,483 Employees in Surrounding Area

Broker Information