1800 Tiffin Ave - Department Store FOR SALE
Findlay, OH 45840 |
1800 Tiffin Ave
Findlay, OH 45840
HIGHLIGHTS
- NOI: $631,174.85
- 100% occupied, well-located three-tenant retail center with 100% of NOI from nationals
- Stable cash flow, historically high occupancy, and recent 2021 lease from Michaels with term through 2033
- Strong store sales of $3.5M from Dunham’s
- Nearby retailers include Hobby Lobby, Lowe’s, Meijer, Kohls, Five Guys, Harbor Freight Tools, Walmart, and more
- Development opportunity on a portion of 1.4-acre parking lot pad and benefiting from frontage on Tiffin Avenue with 19K VPD
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Best Buy & Michaels Center - $631K NOI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Department Store
TOTAL BUILDING SIZE
76549
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
211
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
21-0001032421,21-0001032422
