661 Northland Blvd - Auto Repair FOR SALE


Cincinnati, OH 45240- Forest Park
$1,100,000 USD
424-301-6383
661 Northland Blvd, Cincinnati, OH for Sale
$1,100,000 USD
Auto Repair - FOR SALE
1/7
null | 5.5% Cap Rate

661 Northland Blvd
Cincinnati, OH 45240
Forest Park


HIGHLIGHTS

  • 1985 Construction. 6,080+/- SF Building on 0.78+/- Acre Site
  • Significantly Below Market Rent: Current Rent is Well Below Prevailing Market Levels
  • Strategic Highway Connectivity – Positioned along Northland Boulevard between Interstate 75 and Interstate 275
  • Located w/in Established Retail Corridor – Benefits from nearby national retailers including Costco, Walgreens, Speedway, & More
  • Firestone is operated by Bridgestone Retail Operations, World’s Largest Network of Auto Service Providers; Operates ~2,200 Centers Nationwide
  • Cincinnati | 3rd Largest City in Ohio & 29th Largest in the U.S. | MSA Population: 2.31M+

OVERVIEW

One Year Remaining on a Ground Lease, with Two 5-Year Renewal Options Remaining

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Firestone Complete Auto Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

Commercial Service

APN/PARCEL ID

591-0005-0317

ASK ABOUT THIS PROPERTY

John PackwoodSecure Net LeaseMore Info
424-301-6383

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John PackwoodSecure Net LeaseMore Info
424-301-6383

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