2800 Woodburn Ave - Storefront FOR SALE


Cincinnati, OH 45206- East Walnut HIlls
$1,299,000 USD
513-250-5853
2800 Woodburn Ave, Cincinnati, OH for Sale
$1,299,000 USD
Storefront - FOR SALE
1/36
null | Request Cap Rate

2800 Woodburn Ave
Cincinnati, OH 45206
East Walnut HIlls


HIGHLIGHTS

  • Newly executed 5 year NNN lease
  • +/- $26,015 in annual NNN returns
  • 2% Annual rent escalations

OVERVIEW

Pesola Advisors Group is pleased to present the opportunity to acquire a stabilized, income-producing retail asset in Cincinnati. The approx 4,196 SF property is leased to The Gardens in Walnut Hills, LLC under a newly executed five-year NNN lease, generating approximately $92,312 in Year 1 base rent, plus additional NNN reimbursements, with contractual annual rent increases and two additional five-year renewal options. Positioned along the prominent Woodburn Avenue commercial corridor, 2800 Woodburn offers investors immediate cash flow backed by a long-term lease structure, an established second-generation restaurant buildout, and limited landlord operating exposure.

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$310 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

CCP

APN/PARCEL ID

062-0003-0110

ASK ABOUT THIS PROPERTY

Nick PesolaColdwell Banker CommercialMore Info
513-250-5853

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Nick PesolaColdwell Banker CommercialMore Info
513-250-5853

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