5453 Roan Rd.
5453 Roan Rd., Sylvania, OH 43560
Key features
- 100% occupied multi-tenant flex — three in-place tenants across 7,200 SF provide diversified, stabilized cash flow and insulate ownership from the binary vacancy risk of a single-tenant asset
- Attractive 9.00% cap rate on $45,933 NOI — strong going-in yield relative to comparable Northwest Ohio flex and small-bay product
- Flexible 31-M1 Light Industrial zoning supports a broad range of permitted uses, supporting long-term tenant demand and exit optionality
- Functional small-bay configuration — 1,800–3,600 SF suites with grade-level loading appeal to the deep pool of local users (trades, light manufacturing, distribution, service), keeping the re-tenanting universe wide
- High-demand Sylvania location — affluent suburban submarket (avg. HH income $105K+ within 1 mile) with immediate access to I-475/U.S. 23 and the Monroe St. retail corridor
- Mark-to-market upside — in-place rents averaging $8.67/SF leave room to push toward market on renewal or rollover across the three units
Reach out to the broker for more info on lease terms and amenities
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Contacts
Encore Real Estate Investment Services
Building Details
- For Sale $510,366
- Property Type Industrial - Manufacturing
- Property Size 7,200 SF
- Units 3
- Lot Size 0.32 Acre
- Property Tenancy Multi-Tenant
- Year Built 1987
- Date Updated Jun 22, 2026
- Grade Level Doors 3
- Electricity Service 200a/208v 3p
- HVAC None
Getting Around
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Walk Score ®
Somewhat Walkable (51) -
Bike Score ®
Somewhat Bikeable (40)
Location
- City Sylvania, OH
- Zip Code 43560
- Market Toledo
Points of Interest
Kroger Fuel Station
0.86 miles
Speedway
1.00 miles
Sunoco
1.66 miles
Marathon
2.31 miles
Tesla Supercharger
9.44 miles
All American Coach Lot
0.71 miles
St. Joe's Park and Ride Lot
1.27 miles
Olander Park Parking
2.11 miles
Wildwood Parking Lot #8
2.37 miles
Wildwood Parking Lot #6
2.43 miles
Wildwood Parking Lot #5
2.43 miles
Regency Hospital
0.56 miles
Flower Hospital
0.76 miles
Lane Drug Company
1.23 miles
Sylvania Township Fire Department Firehouse #1
1.37 miles
Police Station
1.39 miles
Passport Health Toledo Travel Clinic
1.78 miles
Rite Aid
2.09 miles
Sylvania Township Police
2.68 miles
ProMedica Health Center
2.71 miles
Koto Buki
0.62 miles
Fricker's
0.95 miles
Executive on the Main
1.32 miles
Dairy Queen
1.37 miles
Sakura Japanese Steakhouse
1.42 miles
CoreLife Eatery
1.54 miles
Marco's Pizza
1.58 miles
Grape Leaf Express
1.59 miles
Sori Sushi
1.61 miles
5453 Roan Rd. Listing Summary
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What is the asking price at 5453 Roan Rd.?
5453 Roan Rd. is currently listed for sale at Contact for pricing.
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What is the total size of 5453 Roan Rd.?
5453 Roan Rd. has a total of 7,200 square feet.
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What is the year built for 5453 Roan Rd.?
The year built for 5453 Roan Rd. is 1987.
Encore Real Estate Investment Services