Mattress Firm
5290 Monroe St, Toledo, OH 43623- Price$3,858,000
- BuildingBldg. SF9,645 sqft
- Cap Rate6.25%
- Lot Size1.03 Acres
- NOI$241,125
- Lease TypeNNN
- Remaining Term7 Years
- Year Built2015
- 3 Mile HHI$81,908
- 3 Mile Pop72,774
Deal Highlights
- Financing available: $1.35 million down payment - 6.40% cash on cash return
- Long-term absolute NNN lease - zero landlord responsibilities
- Across the street from REIT owned center anchored by Target, Starbucks, and HomeGoods, among others
- Over 450 apartments within walking distance
- Situated along Toledo’s primary commercial thoroughfare