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3860 Race Rd 753 - 1,272 SF Condo Units Offered at $205,424 - $308,342 CAD Per Unit in Cincinnati, OH 45211
Investment Highlights
- Less than five minutes from various retailers such as Walgreens, Subway, and Taco Bell
Executive Summary
Finished office space in brick office building. Price includes income from existing lease tenant.
2 Units Available
Unit 104
| Unit Size | 753 SF | Cap Rate | 7.93% |
| Price | $205,424 CAD | NOI | $16,296.23 CAD |
| Price Per SF | $272.81 CAD | No. Parking Spaces | 40 |
| Condo Use | Office/Medical | APN/Parcel ID | 550-0121-0661-00 |
| Sale Type | Investment or Owner User |
| Unit Size | 753 SF |
| Price | $205,424 CAD |
| Price Per SF | $272.81 CAD |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.93% |
| NOI | $16,296.23 CAD |
| No. Parking Spaces | 40 |
| APN/Parcel ID | 550-0121-0661-00 |
Description
Beautiful finishes in the office condo with two private offices, large reception and conference area, mailing and refreshment center, and a separate private outside entrance to the suite.
Sale Notes
Perfect space for professional office or medical use.
+4 More
Full View
Conference
Entry
Storage
Copy Center
Hallway
Kitchenette
Office
Office2
Unit 203
| Unit Size | 1,272 SF | Cap Rate | 8.95% |
| Price | $308,342 CAD | NOI | $27,584.98 CAD |
| Price Per SF | $242.41 CAD | No. Parking Spaces | 40 |
| Condo Use | Office | APN/Parcel ID | 550-0121-0657-00 |
| Sale Type | Investment or Owner User |
| Unit Size | 1,272 SF |
| Price | $308,342 CAD |
| Price Per SF | $242.41 CAD |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.95% |
| NOI | $27,584.98 CAD |
| No. Parking Spaces | 40 |
| APN/Parcel ID | 550-0121-0657-00 |
Description
Office condo in elevator building with 4 private offices, reception area, break room, conference area, and private restroom. Space under lease with same tenant since 04/01/18 and current lease expires 3/31/28 unless renewed again.
Sale Notes
Sale includes lease tenant income until at least 03/31/2028
Property Facts
| Total Building Size | 16,000 SF | Typical Floor Size | 8,000 SF |
| Property Type | Office | Year Built | 2007 |
| Property Subtype | Medical | Lot Size | 0.96 AC |
| Building Class | A | Parking Ratio | 2.5/1,000 SF |
| Floors | 2 | ||
| Zoning | OO - Office, Medical Office, Professional | ||
| Total Building Size | 16,000 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | A |
| Floors | 2 |
| Typical Floor Size | 8,000 SF |
| Year Built | 2007 |
| Lot Size | 0.96 AC |
| Parking Ratio | 2.5/1,000 SF |
| Zoning | OO - Office, Medical Office, Professional |
Amenities
- Controlled Access
- Signage
- Drop Ceiling
Presented by
For-Most Properties LLC
3860 Race Rd
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