Airport Crossings

$2,260,000
For Sale

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.

Airport Crossings is located at the high traffic, signalized intersection of Airport Highway (30,000 vehicle per day) and S Reynolds Road (28,000 vehicle per day) directly across from Airport Square Shopping Center, a 100,000 square foot center anchored by Pet Supply Plus, Michael’s & Burlington Coat Factory.

Property Highlights:

  • 3,720 SF building
  • 24,393 SF land area
  • Starbucks – new 10 year term
  • 6.0 % cap rate
  • Strategic retail center location
Due Diligence

Location

1260 South Reynolds Road, Toledo, OH 43615

Agent

Scott Clements

206-445-7664
206-793-1074

David Butler

206-445-7665
425-890-7919

Contact

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