1390 W Sylvania Ave
Toledo, OH 43612
Local commercial Bien À vendre

1390 W Sylvania Avenue offers the opportunity to acquire a fully leased single-tenant retail investment property occupied by Schaad's Auto Service and Towing. The asset is strategically positioned along a commercial corridor at the signalized convergence of Sylvania Avenue, Lewis Avenue, and Phillips Avenue, providing visibility and accessibility within a well-established retail trade area. The property is located just over one mile from Interstate 75 and Highway 24, supporting convenient access throughout the Toledo metropolitan area and into southeastern Michigan.
The property is improved with an auto service facility that underwent renovations in 2023 and includes a 900-square-foot pole barn added in 2017 for additional storage or operational flexibility. Functional features include multiple overhead doors, in-ground hydraulic post lifts, security cameras, and both pylon and monument signage. The site's established automotive use, parking capacity, and operational improvements support the tenant's ongoing business operations.
From an investment perspective, the property benefits from a zero-management absolute triple net lease structure. Schaad's Auto Service and Towing is responsible for property taxes, insurance, and common area maintenance expenses, resulting in minimal landlord obligations. The lease includes a five-year term with one five-year renewal option, providing contractual occupancy and income continuity.
Surrounding businesses include a mix of national and local retailers and food-service operators such as McDonald's, Taco Bell, Pizza Hut, and Marco's Pizza, contributing to consistent commercial activity in the area. The combination of a fully occupied single-tenant configuration, absolute NNN lease structure, recent improvements, and accessible location presents an opportunity for investors seeking stabilized cash flow with limited management responsibilities.