Technical
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Property profile

1838 2Nd St Defiance, OH 43512

OFF-MARKET
Neighborhood centers
26,080 SF Built 1984
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Property summary

AI-generated overview

This exceptional Class A retail strip center, located at 1838 & 1858 E. Second Street in Defiance, Ohio, presents a compelling investment opportunity. The property boasts a total of 26,080 square feet across three suites, situated on a sizable 1.68-acre lot. Currently, 14,692 square feet are available for lease, with spaces ranging from a minimum of 2,400 square feet to a maximum contiguous space of 9,217 square feet. Built in 1984, this single-story building offers ample parking with 110 spaces. The property benefits from a highly desirable location, zoned Commercial B-4, and enjoys a strong anchor tenant presence, including Kroger and Family Farm & Home. Current tenants include Fresenius Dialysis, First Choice Salon, and Burley Leaf Tobacco. The property's convenient access and prominent positioning within the Defiance County submarket, outside the metro area, provide excellent visibility and accessibility. The property's APN is J030177A02400 : J034177005600. Incentives are available for qualified tenants, including 12 months of free rent. This is an ideal opportunity for businesses seeking a high-traffic location with significant space options in a thriving community. The property's address is 1838 & 1858 E. Second Street, Defiance, OH 43512, with a cross street of Upton Street.

Property profile

Verified
Property type Neighborhood centers
Year built 1984
Total area 26,080 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Employment Agency

Location

1838 2Nd St Defiance, OH 43512
Defiance metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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