Cincinnati, OH Office Property For Sale

The Offering:

Offering Price: 3,950,000 ($64 p/sf)

Rentable SQ FT: 61,227

OPEX: $369,727 ($6.01p/sf)

NOI: $105,725

Stabilized Value:

NOI: $492,845

Value: $5,450,000 (plus) at a 9% Cap Rate

Based on 90% occupancy at $15p/sf (Modified Gross)

Recent Activity:

Last 24 months

15 leases signed

Over 21,000 sf of space leased

The average lease rate signed $14.53p/sf MG (prior 24 months)

1,500 SF of highly visible office space on the 1st

1,500 SF of creative office available on the 2nd

Extensively renovated and upgraded in 2005

Tenant to pay utilities directly & separately

Convenient access to surrounding retail

Access 24 hours-a-day, 7 days-a-week

Private elevator access to both floors

Prominently located on Main Street

Locally owned and managed

Opportunity for expansion

Asking $495,000 for Sale

Medical office condo with good quality buildout. Well-lit clinical rooms. Many with adjoining restrooms and windows. Could suit a variety of medical or standard office uses. Plenty of parking and complimentary professional practices in the complex.

1152 sq ft commercial building in GREAT location!!! (8) parking spaces / could be coffee shop / deli / hair salon / office YOU DECIDE! Bring your business dreams and make it yours! Main room size 34 x 17 / middle room 19 x 17 side room 10 x 10 Get it now before its gone!

Abundance of Natural Light: A welcoming and energizing atmosphere with ample natural light

Prime Location: Benefit from a tremendous location and convenience to a thriving business district

Eclectic Architecture: Make a statement with a stylish and sophisticated architectural design & color

Access To The Outdoors: Enjoy a conference room with a large roll up door for unique meetings

Room With A View: Efficiently designed office space with tremendous city views

Asking Price: Asking $925,000 for Sale (leases will be considered on a case-by-case basis)

Investment

Zoning

447 - Office 1-2

Price

$4,200,000

Jurisdiction

Green Township

Three-building portfolio: two-unit building

(100% occupied), 23-unit building (65%

occupied), and 31-unit building (68%

occupied)

• Elevators located in the two larger buildings

• Just a few blocks from I-74

• Nearby major retailers such as Kroger, Sams

Club, Family Dollar, Petco, and Walgreens

• Updates completed in multiple units

• Ample parking

• Only 36 minutes from CVG International

Airport

28,705 SF office flex building

Two (2) ~14,000 SF floorplates

Situated in an office campus with visibility on I-71

5,000 to 10,000 SF of flex space potential (see plan)

Convenient access to the Fields Ertel & 71 exit

Available for immediate occupancy