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8340-8352 Colerain Ave
Cincinnati, OH 45239
Commerce de détail Propriété À vendre


Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Strong Lease Profile & Income Stability
- Diverse, Resilient Tenant Mix
- Well-Maintained Asset with Limited CapEx
- Prime Location & Value-Add Potential
RÉSUMÉ DE L'ANNONCE
Crossing of Colerain is a high-performing community and strip shopping center located along the Colerain Avenue corridor in Cincinnati, OH. The property spans approximately 94,849 square feet and occupies a prime location at the intersection of Colerain Avenue and Ronald Reagan Cross County Highway. It includes an 85,849 SF community center and a 9,000 SF outlot strip center, positioned directly across from the Walmart-anchored Colerain Hills Shopping Center—together forming the retail anchors of the southern Colerain trade area.
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Crossing of Colerain offers a compelling value-add opportunity, with two junior box leases expiring at below-market rental rates within the next three years. The center benefits from a strong middle-income customer base, with average household incomes of $78,109, $82,610, and $86,342 and populations of 11,612, 92,913, and 187,152 within 1-, 3-, and 5-mile radii, respectively. This offering represents a rare opportunity to acquire a well-located retail asset in a corridor where top-performing centers—such as Stone Creek Towne Center and Colerain Commons—have recently traded.
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Crossing of Colerain offers a compelling value-add opportunity, with two junior box leases expiring at below-market rental rates within the next three years. The center benefits from a strong middle-income customer base, with average household incomes of $78,109, $82,610, and $86,342 and populations of 11,612, 92,913, and 187,152 within 1-, 3-, and 5-mile radii, respectively. This offering represents a rare opportunity to acquire a well-located retail asset in a corridor where top-performing centers—such as Stone Creek Towne Center and Colerain Commons—have recently traded.
FAITS SUR LA PROPRIÉTÉ Sous contrat
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
86 421 pi²
Classe d’immeuble
B
Année de construction
1989
Prix
15 704 100 $ CAD
Prix par pi²
181,72 $ CAD
Taux de capitalisation
8,25%
Revenu net d’exploitation
1 294 922 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Quais de chargement
6 Extérieur
Coefficient d’occupation des sols de l’immeuble
0,30
Taille du lot
6,69 AC
Zonage
Commercial
Stationnement
371 places (4,29 places par 1 000 pi² loué)
Façade
377’ sur Colerain Ave
COMMODITÉS
- Voie de virage obligatoire
- Visibilité de l'autoroute
- Enseigne sur pylône
- Intersection avec signalisation
- Service au volant
Impôts fonciers
| Numéro de lot | 510-0060-0256 | Évaluation des bâtiments | 2 157 099 $ CAD |
| Évaluation du terrain | 625 364 $ CAD | Évaluation totale | 2 782 463 $ CAD |
Impôts fonciers
Numéro de lot
510-0060-0256
Évaluation du terrain
625 364 $ CAD
Évaluation des bâtiments
2 157 099 $ CAD
Évaluation totale
2 782 463 $ CAD
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