68 W Route 22 - Drug Store FOR SALE
Maineville, OH 45039 |
68 W Route 22
Maineville, OH 45039
HIGHLIGHTS
- ABS NET LEASE W 8 YRS TERM - This 75-yr lease has ±8 yrs w 1st option to terminate on 5/31/2030 then every 5 yrs after. No landlord responsibilities.
- STRATEGIC LOCATION - Directly across from CVS. The next nearest Walgreens is 5+ mi SW & the next nearest CVS is 3.5 N of the subject.
- AFFLUENT AREA W MEDIAN HH INCOMES $106K+ - Surrounded by residential neighborhoods with median HH incomes of over $106K in a 1-mi radius.
- CINCINNATI MSA LOCATION - Located ±25 miles northeast of downtown Cincinnati and is part of the Cincinnati MSA with over 2.3 million people.
- NEARBY AMUSEMENT PARK – ±10 mi E of Kings Island Amusement Park, ranked 2nd most visited park in the US w/ ±3.5 million visitors & 5K employees.
- HIGH COMBINED TRAFFIC COUNTS - Located at the intersection of W Rte 22 (±15,993 vpd) & Hwy 48 (±17,383 vpd), a combined traffic count of 33,000 vpd.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Cincinnati MSA | $5.8M | Absolute NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
14505
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
2635540
