Dunkin Donuts Anchored | Walmart Shadowed 8390 Colerain Ave

8390 Colerain Ave , Cincinnati, Ohio, 45239 | 9,000 sq.f | $ 2,817,000

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About This Restaurant

Investment Highlights

100% Occupied, 9,000 SF 3-Tenant NNN Outparcel Strip Center in Cincinnati, OH Prime Frontage and Visibility to Colerain Ave (38,908 VPD) and Ohio Route 126 Exit Ramps (22,450 VPD) All Tenants Leased to Landlord- Favorable Pro Rata NNN Terms Incl. Admin Fees and Reimbursement of Mgmt Fees ? Zero Operating Expense Slippage Outparcel to Crossings of Colerain I, Next Level Fitness, Trampoline Park, and Collision Center-Anchored Community Shopping Center All Tenants are National Retailers Colerain Ave is the Primary North- South Arterial & Commercial Corridor Serving Cincinnati?s Near-North Suburbs

Executive Summary

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Freestanding Freestanding Flex Showroom General Retail Fast Food General Retail Storefront Freestanding
  • Building Size    9,000
  • Year Built    2019
  • Price    2,817,000
  • Price Per SF    313
  • Cap Rate    7.83
  • NOI    220,633
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.15
  • Land Acres    1.38 AC

Nearby Amenities & Transportation

Retail Rockin' Jump
Retail Bank of America
Retail Woodforest National Bank
Retail Rent-A-Center
Retail Jazzercise
Retail U.S. Bank
Retail Skyline Chili
Retail PNC Bank
Retail Starbucks
Retail The YMCA

Property Taxes

Parcel Number 510-0060-0255 Improvements Assessment $164,119 (2023)
Land Assessment $430,577 (2023) Total Assessment $594,696 (2023)
Date Created: 2024-07-16 04:18:05 Last Updated: 2024-07-16 04:18:05
Address: 8390 Colerain Ave , Cincinnati, Ohio, 45239