7481 Montgomery Rd - Service Station FOR SALE


Cincinnati, OH 45236- Silverton
$5,052,157 USD
202-448-1716
7481 Montgomery Rd, Cincinnati, OH for Sale
$5,052,157 USD
Service Station - FOR SALE
1/8
null | 5.1% Cap Rate

7481 Montgomery Rd
Cincinnati, OH 45236
Silverton


HIGHLIGHTS

  • New Construction Ground Lease
  • Attractive Rent Increases
  • Dynamic Tenant
  • Zero Landlord Responsibilities
  • Strategic Retail Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a new construction Wawa ground lease located at 7481 Montgomery Road in Cincinnati, Ohio (“the Property”). The new construction gas station and convenience store has a 20-year Absolute NNN Ground Lease with six (6), 5-year renewal options. The lease calls for a 7% rent increase in year eleven and sixteen and at the start of all six of the five-year renewal options. Wawa is currently under construction with an anticipated rent commencement date of March 13, 2026. The new construction Wawa is extremely well located in Cincinnati’s Silverton neighborhood. Positioned at the signalized intersection of Stewart Road and Montgomery Road (US Route 22), the area’s primary commercial and commuter corridor, the Property enjoys outstanding frontage, visibility and access and is and is surrounded by densely populated residential neighborhoods and area schools. Wawa is close to national and local retailers and restaurants, Kenwood Square and Kenwood Towne Centre, all of which drive traffic to the area. The Property is 0.6 miles from Interstate 71 and 9 miles north of Downtown Cincinnati.

FOR SALE DETAILS

PRICE

$5,052,157 USD

PRICE/SF

$828 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wawa

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,635 SF

ZONING

E

APN/PARCEL ID

602-0008-0196,602-0008-0197,602-0008-0198,602-0008-0204

ASK ABOUT THIS PROPERTY

Austin SmithHorvath & TremblayMore Info
202-448-1716

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

Austin SmithHorvath & TremblayMore Info
202-448-1716

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