Commercial Property for Sale in Toledo Ohio 43614

1950 S. Reynolds Road, Toledo Ohio, 43614

Listing ID: CL-Ohio-14902 Commercial Gas Station/C-Store Convenience Stores and Gas Station
Published on: Monday, April 28, 2025 | Updated on: Thursday, April 2, 2026

Listing Summary

Lee & Associates National Investment Services Group (“NISG”) & the NNN Investment group are pleased to offer the opportunity to purchase a new construction Sheetz ground lease located at 1950.

Full Description

Lee & Associates National Investment Services Group (“NISG”) & the NNN Investment group are pleased to offer the opportunity to purchase a new construction Sheetz ground lease located at 1950. Reynolds Road, Toledo, OH 43614 (the “Property”). Sheetz entered into a 15-Year Absolute NNN Ground Lease with seven (7), 5-year renewal options with an upcoming lease commencement date in August of 2025.

This High-quality investment opportunity consists of a 1.5-acre site outparcel to Toledo’s Amazon distribution hub. Additionally, the site benefits from a signalized intersection and 26,000 + VPD.
 
 

Quick Glance

  • Listing ID: CL-Ohio-14902
  • Status: Active
  • Year Build: 2025
  • Building Size: 6,132 SqFt
  • Lot Size: N/A

Additional Links

Property Documents

No documents available.

Complete Details

  • Year Build: 2025
  • Building Size: 6,132 SqFt
  • No of Stories: 1
  • No of Total Units: 1
  • Heating and Cooling: Not Specified
  • Building Class: Class A
  • Occupancy: 100

Pricing Details

Additional Features

Highlights
  • NEW CONSTRUCTION GROUND LEASE: This is a new construction Sheetz; the store is set to open in August 2025. Sheetz has a new 15-year Absolute NNN Ground Lease with seven (7), 5-year renewal options each with 10% rent increases.
  • ZERO LANDLORD RESPONSIBILITIES: The Sheetz ground lease requires zero landlord responsibilities. The tenant is solely responsible for all service, maintenance, and repairs, making it an attractive investment for the passive real estate investor.
  • CORPORATE GUARANTEE: This Sheetz lease is corporately guaranteed by Sheetz, Inc., one of America’s fastest-growing convenience store chains with over 700 locations throughout Pennsylvania, North Carolina, Virginia, West Virginia, Ohio, and Maryland, with
  • Irreplaceable Real Estate being outparcel to Amazon distribution center on a signalized site.

Listing Location

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