7804 Cincinnati Dayton Rd - Convenience Store FOR SALE


West Chester, OH 45069
$2,687,500 USD
248-702-0288
7804 Cincinnati Dayton Rd, West Chester, OH for Sale
$2,687,500 USD
Convenience Store - FOR SALE
1/8
null | 8% Cap Rate

7804 Cincinnati Dayton Rd
West Chester, OH 45069


HIGHLIGHTS

  • Double Net Lease | Minimal Landlord Responsibilities
  • Corporate Guarantee | 6.2% Revenue Growth for Fiscal Year Ending 8/31/24 Reaching $147.7 Billion
  • Seasoned Location within Community | Tenant Recently Exercised Second Option
  • Hard Corner Signalized Intersection | Ideal Ingress/Egress Points
  • High Volume Traffic Counts: 39,942 VPD+ Combined at Intersection of Cincinnati Dayton Rd and Tylersville Rd
  • Strategically Situated Just 2-Miles From Area's Main Hospital, UC Health West Chester (216-Beds)

OVERVIEW

Double Net Lease | Minimal Landlord Responsibilities Corporate Guarantee | 6.2% Revenue Growth for Fiscal Year Ending 8/31/24 Reaching $147.7 Billion Seasoned Location within Community | Tenant Recently Exercised Second Option Hard Corner Signalized Intersection | Ideal Ingress/Egress Points High Volume Traffic Counts: 39,942 VPD+ Combined at Intersection of Cincinnati Dayton Rd and Tylersville Rd Strategically Situated Just 2-Miles From Area's Main Hospital, UC Health West Chester (216-Beds) Located Just 5 Miles from Regions Largest Employer - GE Aviation Strategically Located in the Interstate 75 Corridor, Just 20-Miles from the Metro’s City Center Strong In-Fill Location with Both Natural and Residential Barriers to Entry Located in Highly Affluent Cincinnati Suburb - Average Household Income Exceeds $160,132 within 5 Miles 5-Mile Population Exceeds 142,671 with Anticipated Growth 22 Miles to Cincinnati, Ohio | 34 Miles to Dayton, Ohio

FOR SALE DETAILS

PRICE

$2,687,500 USD

PRICE/SF

$172 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,684 SF

ZONING

B-2

APN/PARCEL ID

M5610-024-000-090,M5640-024-000-089

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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