Alexis Park

Key features

• 197,300 people, 79,525 households, average household income of $48,619 within 5 miles.
• 95% occupied, 4-tenant retail building anchored by Dollar Tree and Rainbow Shops available for Purchase.
• Financial data available upon qualified request.
• Major area employer includes GM Toledo Propulsion Systems, a 2.8M SF facility with 1,750 employees. GM has invested more than $1B in the plant over the past 15 years. Also, Stellantis - Toledo Assembly Complex, a 3.6M SF facility with 5,200 employees. Stellantis recently announced a $400M investment (creating 900 jobs), in the plant to create a brand new mid-sized truck.
• Major area retailers include Kroger, Target, Lowes and Home Depot.
• Recent significant area development including Hibbett Sports, Auntie Ann's, Smoothie King, Cinnabon (2026), 7 Brew, Ross Dress for Less, Five Below, Michaels and Dairy Queen Grill & Chill (2024-2025).
• The property benefits from multiple access points and pylon signage on 2 major roadways.
• The property is located on West Alexis Rd, a major retail corridor serving both North Toledo and Southeast Michigan. This trade area appears healthier now than at any point in the past 25+ years with vacancy near record lows. New retailers and recent developments over the last 24 months in the immediate trade area include: Ross Dress for Less, Five Below, Michael's, Hibbett Sports, Dairy Queen Grill and Chill, 7Brew, Smoothie King, Auntie Anne's and Cinnabon.
• Traffic Count: 21,220 on Alexis Rd. (2024); 16,405 on Lewis Ave. (2024).