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Aspen Dental & Chipotle | New 10-Yr. Corporate Leases

4820 Ridge Ave, Cincinnati, OH 45209

Listing Price: $4,640,000

Cap Rate
6.24%
Gross SF
5,899
Rentable SF
5,899
Price/Gross SF
$786.57
Lot Size
0.84 acres
Year Built
2023

Investment Overview

Marcus & Millichap is pleased to present the Chipotle & Aspen Dental in Cincinnati, OH.

Investment Highlights

  • 100% Occupied by Chipotle and Aspen Dental, 10-Year Corporate Leases
  • Rental Increases Every 5 Years, Minimal Landlord Responsibilities
  • Brand New High-Quality Construction with a Drive-Thru
  • Infill Location, Serving Over 236,000 Residents in Urban Trade Area
  • Walking Distance to Several Residential Developments with 3,000+ New Homes
  • Affluent Suburb, Average Household Income Exceeds $99,000 within 3 Miles
  • Strategic Location, Across from Oakley Station, a $120 Million Mixed-Use Development with Luxury Apartments, Class-A Office, Retail, and Hotel
  • Regional Retail Hub Includes Walmart, Target, Meijer, Home Depot, Lowe's, Whole Foods, Kroger Marketplace, Nordstrom Rack, REI, At Home, LA Fitness and Many More

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Shopping Strip

Aspen Dental & Chipotle | New 10-Yr. Corporate Leases

Listing Price: $4,640,000

Cap Rate
6.24%
Gross SF
5,899
Rentable SF
5,899
Price/Gross SF
$786.57
Lot Size
0.84 acres
Year Built
2023

Investment Highlights

  • 100% Occupied by Chipotle and Aspen Dental, 10-Year Corporate Leases
  • Rental Increases Every 5 Years, Minimal Landlord Responsibilities
  • Brand New High-Quality Construction with a Drive-Thru
  • Infill Location, Serving Over 236,000 Residents in Urban Trade Area
  • Walking Distance to Several Residential Developments with 3,000+ New Homes
  • Affluent Suburb, Average Household Income Exceeds $99,000 within 3 Miles
  • Strategic Location, Across from Oakley Station, a $120 Million Mixed-Use Development with Luxury Apartments, Class-A Office, Retail, and Hotel
  • Regional Retail Hub Includes Walmart, Target, Meijer, Home Depot, Lowe's, Whole Foods, Kroger Marketplace, Nordstrom Rack, REI, At Home, LA Fitness and Many More

Investment Overview

Marcus & Millichap is pleased to present the Chipotle & Aspen Dental in Cincinnati, OH.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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