Monroe Street Portfolio

5223 Monroe Street, Toledo, OH 43623

Details

Status For Lease
Small Shops 1,200 SF - 8,784 SF
GLA 543,378 SF
Occupancy 94%

Demographics

Demographic 1 Mile 3 Miles 5 Miles
Population 8,193 77,823 192,869
Households 3,689 35,215 83,088
Average Household Income $101,835 $99,957 $94,964
Daytime Employees 10,291 41,740 78,574
Traffic Count Monroe Street - 21,600 A.D.T.

Description

Highlights

• 3rd Most visited Property within a 30-mile radius with over 5-Million visits over the last 12-months

• 2,432 total parking; ample parking available

• Most-visited open air shopping center in a 5-mile radius

• High performing anchor tenant, Fresh Thyme, and shadow anchors, Target, Gabes, Marshalls-Home Goods, Hobby Lobby, and Golf Galaxy, driving traffic to the property

• GLA: 543,378 SF

About Monroe Street Portfolio

The Monroe Street Portfolio is one of the dominant, center of gravity open air shopping centers in the extended trade area along the Monroe Street Corridor, ranking as the 3rd most visited property within a 30- mile radius with over +5 million visits over the last 12 months. Toledo, Ohio is strategically located in the northern part of Ohio, serving as a key economic and commercial hub within the Midwest region. With a population of +276,000 residents and a metropolitan area of +600,000 people. The Property is located in an ideal infill location, just 1.9 miles from Route 23 (+70,000 VPD) and 2.0 miles from I-475 (+71,000 VPD), with excellent roadway visibility and transportation infrastructure driving consumers from the extended trade radius, with a 5-mile population of +197,892 and average household income of $72,693.

Toledo, Ohio is strategically located in the northern part of Ohio, serving as a key economic and commercial hub within the Midwest region. With a population of +276,000 residents and a metropolitan area of +600,000 people, Toledo offers a dynamic market for commercial real estate and businesses alike. Toledo has a diverse and robust economy that encompasses a range of industries. Traditionally known as the “Glass City” due to its history of glass manufacturing, the economy spans sectors such as healthcare, manufacturing, education, retail, and logistics. The presence of major companies like Owens Corning, Dana Incorporated, and Libbey Inc. contributes significantly to the local economy. Additionally, the University of Toledo serves as a key driver of education and research-related activities.

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