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530 W Market St
Tiffin, OH 44883
Rite Aid | 11+ Years | Strong Store Sales · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
11,301 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.43 AC
Zoning
C-1 - Opportunity Zone
Parking
39 Spaces (3.45 Spaces per 1,000 SF Leased)

Amenities

  • Drive Thru

About 530 W MARKET ST , TIFFIN, OH 44883

Marcus & Millichap is pleased to present the Rite Aid located at 530 West Market Street in Tiffin, Ohio. The property consists of approximately 11,180 square feet of building space and situated on a large 1.83 parcel of land. Rite Aid has been successfully operating at this site since 2000 and has over 11.5 years remaining on their lease. The tenant is required to report annual store sales at this site which have been consistently strong over the term of their lease (contact agent for details). In 2016, the tenant extended their lease to a total term of 14 years showing their strong commitment to this location. The property has great access and visibility at the intersection of West Market Street and Wentz Street with a combined traffic count of 37,100 vehicles per day. Nearby national tenants include: Kroger, Walmart, Lowe’s, Rural King, Tractor Supply Company, CVS Pharmacy, ALDI, Peebles, Big Lots, Hampton Inn & Suites, Chipotle, McDonald’s, Burger King, Dunkin’ Donuts, Tim Hortons, and KFC among various others. Tiffin is about 55 miles southeast of Toledo and home to Heidelberg University (1,000+ students) and Tiffin University (3,350 students). Mercy Tiffin Hospital is located under one mile from the subject property. Mercy Tiffin Hospital is one of the largest private employers in Seneca County, with over 500 full-time employees. Mercy Tiffin hospital has 118 beds.

Property Taxes

Property Taxes

Parcel Number
Q53031220760000
Land Assessment
$50,030
Improvements Assessment
$124,400
Total Assessment
$174,430
  • Listing ID: 15361608

  • Date on Market: 3/6/2019

  • Last Updated:

  • Address: 530 W Market St, Tiffin, OH 44883

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