Firestone Cincinnati, OH

661 Northland Boulevard
Cincinnati, OH

Price: $1,100,000
Cap Rate: 5.50%
NOI: $60,436
Building Size: Approx. 6,080 Sq. Ft.
Lot Size: Approx. 0.78 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 1985

Investment Overview

  • 1985 Construction. 6,080+/- SF Building on 0.78+/- Acre Site
  • One Year Remaining on a Ground Lease, with Two 5-Year Renewal Options Remaining
  • 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, Providing Convenient Access to Greater Cincinnati
  • 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+

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