Property Highlights
- 16 year operating history and new 13+ year lease extension demonstrates long term commitment to this location and market
- Corporate guarantee by Investment grade tenant (S&P: BBB+)
- Absolute net ground lease with zero landlord maintenance obligations
- Fixed 5% rental increases in each option provide hedge against inflation
- Hard corner location at main and main intersection
- Excellent underlying real estate fundamentals with visibility to 37,000 cars per day
- Located in strong retail shopping node with other destination retailers including: Target, Home Depot and TJ Maxx
- Toledo is the fourth-most-populous City in the State of Ohio with over 280,000 residents