11179 Luschek Dr - Freestanding FOR SALE


Cincinnati, OH 45241- Montgomery
$5,896,000 USD
650-678-7200
11179 Luschek Dr, Cincinnati, OH for Sale
$5,896,000 USD
Freestanding - FOR SALE
1/2
null | 7.5% Cap Rate

11179 Luschek Dr
Cincinnati, OH 45241
Montgomery


HIGHLIGHTS

  • 20-year corporate net lease featuring 2% annual rental increases
  • Significant renovations made to the building/premises including a new roof/HVAC installation, new parking lot, replacement of all MEPs, and repainting
  • Lease features a full-term corporate guaranty from tenant’s parent company – Guidepost Global Education
  • Very strong enrollments (speak with Agent)
  • EBITDA Positive “4-Wall” Company
  • Affluent submarket – Average household incomes of $110,743 within a 1-mile radius of the subject property

OVERVIEW

Guidepost Global Education on a 20-year corporate lease with 2% annual rental increases. Significant renovations made to the building/premises in 2023 which included new roof/HVAC installation, new parking lot, replacement of all MEPs, and repainting of the entire building.

FOR SALE DETAILS

PRICE

$5,896,000 USD

PRICE/SF

$699 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Guidepost Global Education

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

M-4

APN/PARCEL ID

612-0170-0225

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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