10700 Montgomery Rd
10700 Montgomery Rd , Cincinnati, OH, 45242
60,599 SF
$3,950,000 —
Listing Details
- List Price
- $3,950,000
- List Price Per SF
- $65.18
- List Date
- 7/25/2023
- Show Instructions
- Call broker
- Listing ID
- 38549411
10700 Montgomery Rd
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)
Space Details
- Floor
- 1
- Total Available
- 60,599 SF
- Primary Use
- Office
Other Listings on this Property
Property Highlights
- Type
- Office: General
- Size
- 60,599 SF, 3.77 Acres
- Building Class
- B
- Occupancy Type
- Multi-tenant
- Number of Buildings, Floors
- 1 , 3
- Submarket
- CIN - Northeast
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