1740 W Sylvania Ave, Toledo, OH for sale

Investment Overview

Improved Pricing! 5,332 SF 100% occupied, single-tenant restaurant/bar investment property for sale. Strategically located along W. Sylvania Avenue, a major 4-lane thoroughfare connecting north Toledo to the city of Sylvania, the property sits just under one mile north of the I-475 interchange, near a signalized intersection. The site offers convenient access with two curb cuts and 280 feet of combined frontage along W. Sylvania Avenue and Tremainsville Road. Building was fully remodeled in 2019 with updates in 2022. Currently leased to Factory Bar & Grill on a 10- year NNN lease.

Investment Highlights

• 10-year lease term $5,000/month base rent, with a 10-year renewal option
• Tenant pays taxes, insurance, utilities, and maintenance
• Landlord responsibility limited to roof and structure
• Monument and fascia signage available
• Ample parking on 1.05 acre paved lot
• Security cameras & alarm system in place
• Delivery area in the rear of building near kitchen
• Mixed-Use zoning with restaurant, cafeteria, and/or bar land use classification