665-699 Northland Blvd - Retail FOR SALE


Cincinnati, OH 45240- Forest Park
$2,786,000 USD
614-360-9800
665-699 Northland Blvd, Cincinnati, OH for Sale
$2,786,000 USD
Retail - FOR SALE
1/17
null | 9.2% Cap Rate

665-699 Northland Blvd
Cincinnati, OH 45240
Forest Park


OVERVIEW

00% Occupied 51,621 SF Neighborhood Retail Center Positioned at Signalized Intersection in Cincinnati’s Forest Park Submarket High Yield Opportunity – Offered at 10.7% C/C – Priced Below Replacement Cost at $55/SF Offering Includes Two Outparcels – 1) Occupied by Free Standing Restaurant 2) .7 Acre Developable Outparcel Average Rent Per Square Foot of $6.74 – Major Mark to Market Opportunity – Limited Options Remain Majority (55% of GLA) of Tenants on Gross Leases – Opportunity to Transition to NNN Large Pylon Signage at Intersection with 5 Total Ingress/Egress Points Dense Residential Surroundings | 10,000+ Residents within 1 Mile | 59,000+ Within 3 Miles | AHHI $80K Within the Greater Cincinnati MSA, Home to Over 2.2 Million Residents Family Dollar Ranks in the Top 22% Nationwide and Top 16% in Ohio for Sales Performance | #1 Family Dollar Store within a 15-Mile Radius Per Placer.ai | Top 28% Foot-Traffic in Hamilton County, Top 23% in Ohio, and Top 7% Within 15 Miles

FOR SALE DETAILS

PRICE

$2,786,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

9.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

281

LAND DETAILS

LAND ACRES

9.69 AC

LAND SF

422,096 SF

ZONING

-

APN/PARCEL ID

591-0005-0218

ASK ABOUT THIS PROPERTY

Erin PattonMarcus & MillichapMore Info
614-360-9800

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Erin PattonMarcus & MillichapMore Info
614-360-9800

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