1800 Tiffin Ave Findlay, OH 45840
High-yield, triple-net leased retail center
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- $6,300,000 asking price for a 76,549 SF shopping center in Findlay, OH.
- 100% occupancy with three national credit tenants (Best Buy, Michaels, and Dunham's) providing a corporate guarantee.
- Strong, long-term leases averaging nearly 8 years remaining (expiring 3/1/2032).
- 8.01% cap rate with a $504,764 NOI.
- Located in a high-income area ($105,097 average household income within a 5-mile radius) on a major thoroughfare (Tiffin Ave) with excellent visibility and signage.
- Property benefits from a nearby planned retail redevelopment project, expected to increase traffic and sales.
Property Details for 1800 Tiffin Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 76,549 SF
- Year Built/Renovated
- 1962/1990
- Buildings
- 1
- Lot Size (sq. ft)
- 1,257,577 SF
- Units
- 3
Location Insight
- City
- Findlay
- County
- Hancock
- State
- Ohio
- Latitude
- 41.053494075688
- Longitude
- -83.615383850837
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - High-yield, triple-net leased retail center
- Where is the lifestyle center located?
- The property is located at 1800 Tiffin Ave Findlay, OH.
- What is the asking price?
- The asking price for this property is $6,300,000.
- What are key features of this property?
- This property features: $6,300,000 asking price for a 76,549 SF shopping center in Findlay, OH.; 100% occupancy with three national credit tenants (Best Buy, Michaels, and Dunham's) providing a corporate guarantee.; Strong, long-term leases averaging nearly 8 years remaining (expiring 3/1/2032).
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