600 Trenton Ave Findlay, OH 45840-2641

This exceptional investment opportunity presents a 3,677 square foot, single-tenant car wash located at 600 W Trenton Ave, Findlay, OH 45840. The property boasts a strong 6.90% cap rate and a substantial net operating income (NOI) of $300,000. Situated on a 0.86-acre corner lot, this car wash benefits from high visibility and easy access along US 224. The absolute NNN lease agreement, with zero landlord responsibilities, provides significant investor security and features a remaining term of 15.2 years, extending to January 31, 2040. Annual rent escalations of 1.25% further enhance the investment's long-term value. Built in 2015, the property is currently operating at 100% occupancy. The lease includes four 5-year renewal options. Findlay, Ohio, offers a robust local economy anchored by major employers such as Marathon Petroleum, Cooper Tire & Rubber Company, and numerous distribution centers. This thriving community, with a population of approximately 40,000, also benefits from the presence of the University of Findlay. The asking price for this exceptional investment is $4,347,826, translating to a price per square foot of $1,182.44. This represents a compelling opportunity for investors seeking a stable, high-performing asset in a desirable market.