12183-12185 Springfield Pike - Restaurant FOR SALE


Cincinnati, OH 45246- Springdale
$3,080,000 USD
402-880-9970
12183-12185 Springfield Pike, Cincinnati, OH for Sale
$3,080,000 USD
Restaurant - FOR SALE
1/3
null | 9% Cap Rate

12183-12185 Springfield Pike
Cincinnati, OH 45246
Springdale


HIGHLIGHTS

  • Proximity to Major Highway – The subject property is well located by Springfield Pike and the I-275 interstate.
  • Large Parcel – Per LandVision, the subject property sits on roughly ±3.01 acres of land. This helps to provide more space for parking
  • Blossoming Local Market – Cincinnati has a diverse and growing economy that is home to many Fortune 500 companies like Procter & Gamble, Kroger
  • Dense Population – There are over ±146,000 people within a 5-mile radius to the property and ±640,700 within a 10-mile radius to the property.
  • Surrounding Development – Just south of the property, 216 new apartment units completed construction within the last two years (Array Apartments).
  • Manufacturing Hub – Across from the subject property is home to Cincinnati’s largest industrial manufacturing hub.

OVERVIEW

Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$3,080,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HOOTERS & MANGO'S TROPICAL OASIS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

3.01 AC

LAND SF

131,116 SF

ZONING

GR

APN/PARCEL ID

599-0050-0416

ASK ABOUT THIS PROPERTY

Nick OtisMatthews Real Estate Investment ServicesMore Info
402-880-9970

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Nick OtisMatthews Real Estate Investment ServicesMore Info
402-880-9970

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