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280-316 Northland Blvd 26,310 SF 88% Leased Retail Building Springdale, OH 45246 $8,092,160 CAD ($307.57 CAD/SF) 8.69% Cap Rate
INVESTMENT HIGHLIGHTS
- 35 Minute Drive to Cincinnati/Northern Kentucky International Airport (±31 Mile Distance)
- Daytime Employees Exceed 71,000+ People within 3 Mile Radius of Site
- Cincinnati, OH MSA - TOP 35 - Ranked (MSA #30) in the U.S.A.
- Traffic Counts - Nearly 20,000 Vehicles Pass Site Daily on Northland Blvd
- Majority of Parking Lot & Concrete Replaced in November 2024
- Freestanding Retail Center Located in Springdale, OH - 33,350 SF Building on 3.48 Acres
EXECUTIVE SUMMARY
Freestanding retail center located in Springdale, Ohio, featuring a 33,350 SF building on 3.48 acres. The site benefits from dense demographics, with over 54,000 residents within a 3-mile radius and more than 160,000 within 5 miles. Situated in the Cincinnati MSA, ranked #30 nationally, the property is in an affluent area where average household income exceeds $86,000 annually within 5 miles. The majority of the parking lot and concrete were replaced in November 2024, enhancing property condition. The location offers convenient access, just a 35-minute drive (±31 miles) to the Cincinnati/Northern Kentucky International Airport, with over 71,000 daytime employees within 3 miles and nearly 20,000 vehicles passing daily on Northland Blvd.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
26,310 SF
Building Class
C
Year Built
1989
Price
$8,092,160 CAD
Price Per SF
$307.57 CAD
Cap Rate
8.69%
NOI
$703,209 CAD
Percent Leased
88%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
3.48 AC
Zoning
Office/Retail - Designed to support business activities.
Parking
130 Spaces (4.94 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Located on Northland Boulevard in Springdale (Cincinnati) and minutes from I-275 & I-75!
| Space | Size | Space Use | Position | Available |
| 302 | 3,250 SF | Retail | - | Now |
302
| Size |
| 3,250 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
302
| Size | 3,250 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Located on Northland Boulevard in Springdale (Cincinnati) and minutes from I-275 & I-75!
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 599-0042-0310 | Improvements Assessment | $291,120 CAD |
| Land Assessment | $283,515 CAD | Total Assessment | $574,635 CAD |
PROPERTY TAXES
Parcel Number
599-0042-0310
Land Assessment
$283,515 CAD
Improvements Assessment
$291,120 CAD
Total Assessment
$574,635 CAD
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280-316 Northland Blvd
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