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Findlay Marketplace 2023-2025 Tiffin Ave 30,100 SF 100% Leased Retail Building Findlay, OH 45840 $6,740,000 ($223.92/SF) 7.50% Cap Rate
Investment Highlights
- 30,000 SF Strip Center on Tiffin Avenue - Purpose-built multi-tenant retail totaling ~30,000 SF, offering efficient bay sizes and a straightforward
- Proven Stability: Near 100% Occupancy for 10+ Years - Long history of minimal vacancy underscores sticky tenancy and healthy sales volumes
- Traffic-Driving Anchor Lineup - Corporate Pet Supplies Plus, Army National Guard, and AT&T anchor the center—credit-quality, needs-based users
- 100% Occupied in a High-Velocity Corridor - Situated in one of Findlay’s busiest commercial corridors with steady tenant demand
- Recent Capital Improvements De-Risk Near-Term Cap Ex - Brand-new roofs with 20 year Duro-Last warranties installed in 2024 across both buildings
- Institutional Credit via Government Tenancy - Two government leases—Army National Guard and Armed Forces Career Center—add balance-sheet strength
Executive Summary
30,000 SF Strip Center on Tiffin Avenue - Purpose-built multi-tenant retail totaling ~30,000 SF, offering efficient bay sizes and a straightforward strip configuration that leases well to daily-needs users.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
30,100 SF
Building Class
C
Year Built
2000
Price
$6,740,000
Price Per SF
$223.92
Cap Rate
7.50%
NOI
$505,515
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
2.33 AC
Parking
72 Spaces (2.39 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $145,310 | |
| Land Assessment | $93,440 | Total Assessment | $238,750 |
Property Taxes
Parcel Numbers
Land Assessment
$93,440
Improvements Assessment
$145,310
Total Assessment
$238,750
Contacts
-
Deno Bistolarides -
Matthew Weber -
Ryan Vinco -
Encore Real Estate Investment Services
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Findlay Marketplace | 2023-2025 Tiffin Ave
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