505 Trenton Ave - Freestanding FOR SALE


Findlay, OH 45840
$748,308 USD
310-919-5835
505 Trenton Ave, Findlay, OH for Sale
$748,308 USD
Freestanding - FOR SALE
1/4
null | 6.5% Cap Rate

505 Trenton Ave
Findlay, OH 45840


HIGHLIGHTS

  • NATIONALLY RECOGNIZED TENANT – The tenant’s parent company, Bon Secours Mercy Health, is a powerhouse in the healthcare industry with over $12 billion
  • STRONG INVESTMENT-GRADE TENANT – Rated “AA-” by Fitch Ratings, the tenant’s parent company, Bon Secours Mercy Health, brings a level of reliability.
  • LONG-TERM NET LEASE – This property is secured by a long-term NNN lease with ±11 years remaining, requiring minimal landlord responsibilities.
  • ANNUAL RENT GROWTH – With annual 2.5% rental increases, this investment offers consistent growth in cash flow.
  • THRIVING HEALTHCARE & EDUCATION HUB – Findlay is home to the University of Findlay, which is renowned for its nationally recognized programs.
  • STRATEGIC LOCATION FOR LOGISTICS & GROWTH – Situated along I-75, Findlay is a prime location for industrial and logistics operations.

OVERVIEW

Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$748,308 USD

PRICE/SF

$199 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BON SECOURS MERCY HEALTH URGENT CARE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

-

APN/PARCEL ID

58-0001017868

ASK ABOUT THIS PROPERTY

Kyle MackulakMatthews Real Estate Investment ServicesMore Info
310-919-5835

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Kyle MackulakMatthews Real Estate Investment ServicesMore Info
310-919-5835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.