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Investment Highlights
- Established anchor tenants
- 902 parking spaces
- I-71 access
- Value add upside
- Full sprinkler coverage
- Multitenant flexibility and redevelopment potential
Executive Summary
An opportunity to acquire Kings Island Office Park, a 159,342-square-foot, single-story multi-tenant office park situated on 15.83 acres in Deerfield Township, Ohio, one of the strongest suburban submarkets in the Greater Cincinnati MSA. The property offers stable in-place cash flow from established credit and corporate tenants, significant value-add upside through lease-up of vacant suites, and an institutional-quality physical plant that has been well maintained and selectively modernized.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
159,421 SF
Building Class
B
Year Built/Renovated
1982/2015
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
159,421 SF
Building FAR
0.24
Lot Size
15.30 AC
Parking
963 Spaces (6.04 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Food Service
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 100
- 13,965 SF
- Office
- -
- Now
- 1st Fl-Ste 101A
- 16,145 SF
- Office
- -
- Now
- 1st Fl-Ste 102 A
- 19,321 SF
- Office
- -
- Now
- 1st Fl-Ste 103 A
- 8,508 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100 | 13,965 SF | Office | - | Now |
| 1st Fl-Ste 101A | 16,145 SF | Office | - | Now |
| 1st Fl-Ste 102 A | 19,321 SF | Office | - | Now |
| 1st Fl-Ste 103 A | 8,508 SF | Office | - | Now |
1st Fl-Ste 100
| Size |
| 13,965 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 101A
| Size |
| 16,145 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 102 A
| Size |
| 19,321 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 103 A
| Size |
| 8,508 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 16-18-276-002 | Improvements Assessment | $3,670,843 CAD |
| Land Assessment | $751,161 CAD | Total Assessment | $4,422,004 CAD |
Property Taxes
Parcel Number
16-18-276-002
Land Assessment
$751,161 CAD
Improvements Assessment
$3,670,843 CAD
Total Assessment
$4,422,004 CAD
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Photos
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5300 Kings Island Dr
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