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+