3100-3130 Springdale Rd - Storefront FOR SALE
Cincinnati, OH 45251 |
3100-3130 Springdale Rd
Cincinnati, OH 45251
HIGHLIGHTS
- 100% Occupied, Dollar General (S&P BBB/Moody's Baa3) Anchored Center with 9+ Years of Term & Desirable Service Oriented and Internet Resistant Tenants
- Attractive 8.00% CAP with Low $100/S.F. Asking Price, Far Below Replacement Costs & Roof Replacements Completed
- Significant Upside Available: Replaceable 5,000 SF Tenant at Far Below Market Rent on Gross Lease Structure & Other Tenants with Rental Bumps
- Strong Demographics: Approx. 173k People Within 5 Mile Radius & Average Household Incomes of $96k
- Located Directly Across Taylor Elementary School (800 Students + Faculty) w/ Daily Drive-By Traffic & Easy Access to US Route 27(37k Vehicles Per Day)
- Located in Northwest Local School District, One of the Largest Districts in Hamilton County, Serving Over 9,000 Students Across 12 Schools
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
8% CAP Dollar General Anchored Ctr w/ 9+ Yrs
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Convenience Store, Freestanding, Supermarket
TOTAL BUILDING SIZE
27299
STORIES
1
YEAR BUILT
1964
SPRINKLERS
-
PARKING SPACES
170
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
510-0042-0022
