Marcus & Millichap Sells Starbucks & Verizon Center Retail Property In Toledo, Ohio For $2.18M

Marcus & Millichap has sold the Starbucks & Verizon Center, a 3,720-square-foot retail property located at 1260 South Reynolds Road, Toledo, Ohio. The property was sold for $2,185,000 to a California-based 1031-exchange buyer.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,185,000
• Square Footage: 3,720 sqft
• Price Per Square Foot: $587
• Address: 1260 South Reynolds Road, Toledo, Ohio
• Market: Toledo, Ohio

The sale of the Starbucks & Verizon Center in Toledo, Ohio, was facilitated by Marcus & Millichap. The transaction was overseen by brokers Suzanne Sharbek, Christopher Jackson, Erin E. Patton, Craig Fuller, and Scott Wiles from Marcus & Millichap. The property received multiple offers and garnered considerable interest from buyers.