Property Highlights
• 20 year operating history and recent 13 year lease extension demonstrate long term commitment to this site
• Corporate guarantee by investment grade tenant (S&P: BBB+)
• Lowe’s is a Fortune 50 company that operates 2,000 stores with sales in excess of $96 billion
• Absolute net ground lease provides completely passive ownership and stable cash flow for out of state investor
• Low ground rent ($5.50/SF) and priced well below replacement cost
• Strategic location in one of Toledo’s most affluent sub markets ($136,000 AHHI in 1 mile) less than 1 mile from I-475
• Excellent underlying real estate fundamentals and visibility to 32,000 cars per day along Central Avenue
• Toledo is the fourth-most-populous City in Ohio with other 275,000 residents