11755 Mosteller Rd - Retail FOR SALE


Sharonville, OH 45241
$6,025,000 USD
513-272-6800
11755 Mosteller Rd, Sharonville, OH for Sale
$6,025,000 USD
Retail - FOR SALE
1/4
null | 8.14% Cap Rate

11755 Mosteller Rd
Sharonville, OH 45241


HIGHLIGHTS

  • 100% occupied across six tenants; projected 2027 NOI of approximately $490,700 and an 8.15% cap rate.
  • Long-term Micro Center lease through January 31, 2037; prominent signage and significant cross traffic.
  • Central I-275 location between I-75 and I-71 with excellent access and visibility; I-275 traffic is approximately 125,502 VPD.

OVERVIEW

Investment opportunity to acquire Micro Center Mall, a 60,931 SF retail property on 4.58 acres in Sharonville, Ohio. The property is 100% occupied across six tenants with projected 2027 NOI of approximately $490,700 and a projected 8.15% cap rate. Micro Center's lease runs through January 31, 2037. Central location on I-275 between I-75 and I-71 with excellent access, visibility from I-275 and Mosteller Road, prominent highway-facing signage, and significant cross traffic. I-275 traffic is approximately 125,502 VPD and Mosteller Road traffic is approximately 13,517 VPD. More than 4,000 businesses are located within three miles. Asking price: $6,025,000.

FOR SALE DETAILS

PRICE

$6,025,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

8.14%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Micro Center Mall

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

308

LAND DETAILS

LAND ACRES

4.58 AC

LAND SF

199,505 SF

ZONING

ITC

APN/PARCEL ID

608-0022-0052

ASK ABOUT THIS PROPERTY

Christopher NachtrabLee & AssociatesMore Info
513-272-6800

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Christopher NachtrabLee & AssociatesMore Info
513-272-6800

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