Lease Type: Direct
Available Space: 1 space – 5,410 SF
Rental Rate: $9.95 per SF
Location Highlights:
Adjacent to Fifth Third Field, SeaGate Convention Center, and Huntington Center
Walking distance to the restored Valentino Theatre, Promenade Park, and Erie Street Market
Ideal For: Retail or commercial tenants seeking prime Downtown Toledo visibility and foot traffic.
Once the go-to department store of yesteryear in Downtown Toledo, it has since been converted into historic lofts now known as LaSalle Apartments. Built in 1917, the interior showcases breathtaking high ceilings designed after the Toledo Cathedral in Spain. LaSalle Apartments is still uniquely beautiful inside and out with its open industrial-style floor plans with upgraded amenities.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.