Findlay Marketplace
$6,740,000
2023-2033 Tiffin Avenue, Findlay, OH 45840
7.5
Cap Rate
505,515.61
NOI
Details:
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 strip configuration that leases well to daily-needs users.
- 100% Occupied in a High-Velocity Corridor - Situated in one of Findlay’s busiest commercial corridors with steady tenant demand and strong neighborhood draw—ideal for durable occupancy and consistent footfall.
- Proven Stability: Near 100% Occupancy for 10+ Years - Long history of minimal vacancy underscores sticky tenancy, healthy sales volumes, and a location tenants choose to renew in.
- Recent Capital Improvements De-Risk Near-Term Cap Ex - Brand-new roofs with 20 year Duro-Last warranties installed in 2024 across both buildings; parking lots repaved completely in October 2025—clean physical plant with reduced maintenance exposure.
- Traffic-Driving Anchor Lineup - Corporate Pet Supplies Plus, Army National Guard, and AT&T anchor the center—credit-quality, needs-based users that pull daily visits and cross-shopping to neighboring suites.
- Institutional Credit via Government Tenancy - Two government leases—Army National Guard and Armed Forces Career Center—add balance-sheet strength and tenancy durability to the rent roll.
- Surrounded by national co-tenancy – directly across from Kroger, Lowe’s Home Improvement, Meijer, Kohl’s, Walmart Supercenter, and near Aldi, Menards, Tractor Supply Company, Hobby Lobby, Chipotle Mexican Grill, Chick-fil-A, McDonald’s, Raising Cane’s, Speedway, Take 5 Car Wash, and a brand-new Sheetz.
- Mall area redevelopment momentum – Findlay Mall nearby is undergoing redevelopment anchored by a new Target Supercenter, reinforcing long term corridor vitality and cross shopping.
- Tiffin Avenue - Findlay’s Retail Epicenter - Blue-chip frontage along the city’s dominant retail spine, surrounded by national brands and services that reinforce the location’s long-term relevance.
- Core Tiffin Avenue position – both buildings run parallel to the corridor for maximum frontage, visibility, and signage. This is the heart of Findlay’s primary retail spine with heavy daily traffic and regional draw.
- Heavy Traffic Corridor - 21K Vehicles Per Day on Tiffin Avenue with Excellent Visibility and Access
- Excellent Visibility & Traffic Counts - Strong sightlines, prominent signage opportunities, and heavy daily traffic translate into consistent customer capture and retailer performance.
Description:
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Findlay is a city in and the county seat of Hancock County, Ohio. The city metro area is often referred as The Greater Findlay Area. The second-largest city in Northwest Ohio, Findlay lies about 40 miles south of Toledo. The population was 41,202 at the 2010 census. It is home to the University of Findlay. Findlay is one of two cities in Hancock County, along with Fostoria.
Findlay is the headquarters of the Cooper Tire & Rubber Company, founded in 1914, which specializes in the design, manufacture, marketing, and sales of replacement automobile and truck tires, and subsidiaries that specialize in medium truck, motorcycle, and racing tires. Findlay was the longtime headquarters of the Marathon Oil Corporation from 1905 until 1990 when it moved its offices to Houston, TX. Marathon Petroleum Company, a former subsidiary of Marathon Oil, maintained its main office in Findlay after Marathon Oil moved. On July 1, 2011, Marathon Petroleum became an independent entity, with headquarters in Findlay.
Findlay is home to a Kohl's department store distribution center, which is Kohl's oldest distribution center after the recent closing of the original one in Wisconsin. Findlay is home to the Whirlpool dishwasher manufacturing plant and distribution center. This plant is considered to be the largest dishwasher plant in the world (based on production). Findlay is home to several other major distribution centers including Best Buy, Lowe's, and Campbell Soup Company.
Location
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