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)

Directly North of Linden Pointe

Surrounded by office amenities

Centrally located in Norwood

Access from Ross Avenue

Asphalt lot with 9 spaces

Separate garage storage

Utilities & janitorial paid by Tenant

Unrestricted hours & access

Approximately 0.200 acres

Zoned O – Office (link)

Asking $17.50/SF MG for lease

Asking $295,000 for sale

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.

Mixed-Use Creative Space | 14,526 SF

Unique creative Multi-Purpose Creative Workspace and Offices

Former Manufacturing Building Redeveloped with great architectural design and finishes by

HGC Construction Space Studio Spaces,

Work Areas and ample Storage, Drive-in warehouse Area, three prep kitchens, and one break area.

Ease of Access from Cincinnati CBD via 8th the street towards Queenesgate left on Burns.

On-Site Parking 20 cars +

3260-3262 N Bend Rd, 3270 N Bend Rd, 3284 N Bend Rd, 3294 N Bend Rd

PARID#

550 0071 0009, 550 0071 0132, 550 0071 0510, 550 0071 0008

Investment

SF or AC

0.609

Zoning

447 - Office 1-2

Price

$4,200,000

Jurisdiction

Green Township

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

Mixed-use in the heart of Cheviot! Located at the intersection of N Bend Rd and Harrison Ave. 1st floor has 2 office/retail spaces. 2nd floor has 1 one bedroom and 2 studio apartments. Parking in rear of the building for 4 vehicles. Great investment for a wonderful price!