1740 W Sylvania Ave, Toledo, OH for sale

Investment Overview

5,332 SF single-tenant restaurant/bar investment property for sale. Situated on approximately 1 acre with 175 feet of frontage on W Sylvania Avenue, a signalized east-west commercial artery serving north Toledo and connecting west into the city of Sylvania. The corridor links to I-475 via the Promedica Parkway interchange, just over one mile south, providing direct access to I-75 and the broader Toledo highway network. Built in 1957, fully remodeled in 2019, and updated again in 2022, the property is 100% leased to Factory Bar & Grill on a NNN structure with the tenant paying 100% of taxes, insurance, utilities, and maintenance; landlord responsibility is limited to roof and structure. Ten-year lease term, $5,000 per month base rent, with a ten-year renewal option already in place,

Investment Highlights

• Built in 1957, fully remodeled in 2019 with additional updates in 2022
• NNN lease: tenant pays 100% of taxes, insurance, utilities, and maintenance; landlord responsibility limited to roof and structure
• 10-year lease term $5,000/month base rent, with a 10-year renewal option
• Security cameras, alarm system in place.
• Delivery area in the rear of building near kitchen
• Monument and fascia signage available.
• Two curb cuts provide access from both W Sylvania Ave and Tremainsville Rd.