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