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Northern Tool + Equipment 2275 Crowne Point dr 22,460 SF Retail Building Cincinnati, OH 45241 $8,260,066 CAD ($367.77 CAD/SF) 7% Cap Rate
Investment Highlights
- New 2023 construction | Desirable lease term | 10 years remaining
- Great visibility from I-75 | 132,250 VPD
- Affluent surrounding area | $197,488 average household income within a 1-mile radius
- Corporate lease | Northern Tool & Equipment Company, Inc. | 140 locations across the US
- Located inside of dense retail corridor | 4M SF within a 2-mile radius
- Large industrial presence nearby | 8.1M SF of space within a 1-mile radius
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Northern Tool + Equipment in Cincinnati, OH. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,460 SF
Building Class
B
Year Built
2023
Price
$8,260,066 CAD
Price Per SF
$367.77 CAD
Cap Rate
7%
NOI
$578,203 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
1.60 AC
Zoning
Commercial
Parking
70 Spaces (3.12 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 608-0016-0090 | Improvements Assessment | $963,184 CAD |
| Land Assessment | $193,075 CAD | Total Assessment | $1,156,260 CAD |
Property Taxes
Parcel Number
608-0016-0090
Land Assessment
$193,075 CAD
Improvements Assessment
$963,184 CAD
Total Assessment
$1,156,260 CAD
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Northern Tool + Equipment | 2275 Crowne Point dr
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