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5203 Hill Ave
Toledo, OH 43615
Single Tenant Investment PNC Bank NNN Toledo · Retail Property For Sale
Investment Highlights
- Intersection of Reynolds Avenue (with 24,300 VPD) and Hill Avenue (with 13,200).
PROPERTY FACTS
Amenities
- Bus Route
- Pylon Sign
- Signage
- Signalised Intersection
- Drive Thru
About 5203 Hill Ave , Toledo, OH 43615
CBRE presents qualified investors the opportunity to acquire a free-standing 2,900 square foot building situated on a 0.72 acre parcel of land, 100% leased to PNC Bank with 4+ years of lease term remaining. The current lease term expires on September 30th, 2024. The listing price has just been reduced from $1,023,000 down to $988,000. This branch location has an operating history of over 40+ Years, with currently $27,890,000 in branch deposits (June 2019). The property is located at the hard corner, signalized intersection of Reynolds Avenue (with 24,300 VPD) and Hill Avenue (with 13,200). This offering provides an investor with the ability to acquire the fee simple interest (building and land) an Absolute NNN lease, with minor Landlord obligations under the lease.
PROPERTY TAXES
| Parcel Number | 13-21801 | Improvements Assessment | £169,919 |
| Land Assessment | £43,284 | Total Assessment | £213,203 |
PROPERTY TAXES
