1011 OH-125 - Freestanding FOR SALE


Cincinnati, OH 45245- Withamsville
$1,520,000 USD
650-888-7696
1011 OH-125, Cincinnati, OH for Sale
$1,520,000 USD
Freestanding - FOR SALE
1/8
null | 6.7% Cap Rate

1011 OH-125
Cincinnati, OH 45245
Withamsville


HIGHLIGHTS

  • Recently Constructed Standalone Retail Asset with Premier National Credit Tenant
  • Ease of an Absolute NNN Lease Structure
  • Incredible Street Visibility - 1011 OH-125 boasts incredible street visibility along Ohio State Route 125, with approximately 36,378 vehicles per day.
  • Long-Term Lease with 3 5-Year Options - The current lease features a December 31, 2035 expiration date with 10% rent increases at every 5-Year Option.

OVERVIEW

1011 OH-125 is a 2020 construction absolute net retail asset located in the growing city of Cincinnati, OH. Situated on an expansive 1.05 acre parcel, the subject property features approximately 9,100 square feet of net rentable area and plenty of on-site parking. The property is currently leased to Dollar General (NYSE: DG), a premier national credit tenant with over 20,000 locations nationwide and in Mexico. Investors bene net lease with zero landlord responsibilities. Additionally, the lease terms include 10% rent increases at each 5-year option following the current lease expiration on December 31, 2035. Cincinnati is a vibrant Midwest city that offers a strong mix of economic stability, affordability, and central connectivity. Anchored by major employers like Procter & Gamble, Kroger, and Fifth Third Bank, the city bene consistent demand. Its low cost of living, strategic Midwest location, and steady growth make it an attractive and stable market for investment. The investment appeal of this asset is driven by Cincinnati's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Clermont County, 1011 OH-125 presents an attractive choice for investors due to its close proximity to major employers, transportation corridors and lifestyle amenities, as well as ease of ownership for landlords.

FOR SALE DETAILS

PRICE

$1,520,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - Cincinnati Ohio

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

C

APN/PARCEL ID

41-31-12A-206

ASK ABOUT THIS PROPERTY

Cole SimpsonMarcus & MillichapMore Info
650-888-7696

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Cole SimpsonMarcus & MillichapMore Info
650-888-7696

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.