ORION Commercial Partners is pleased to offer for sale Airport Crossings, located at 1260 S Reynolds Road in Toledo, Ohio. This two tenant class ‘A’ retail center was built in 2007 and has been occupied by Starbucks (S&P rated A-) and Verison Wireless (S&P rated BBB+) ever since. Starbucks just recently exercised two of its (4) five year options creating a new 10 year term, and Verizon Wireless just recently executed the first of its (4) three year options.
- 3,720 SF building
- 24,393 SF land area
- Starbucks – new 10 year term
- 6.0 % cap rate
- Strategic retail center location
1260 South Reynolds Road, Toledo, OH 43615