Skip to main content

Shopping Community

Crossing of Colerain

8340 Colerain Ave, Cincinnati, OH 45239

Listing Price: $8,651,950

Cap Rate
8.00%
Gross SF
85,849
Rentable SF
85,849
Price/Gross SF
$100.78
Lot Size
6.70 acres
Year Built
1989

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Crossing of Colerain in Cincinnati, Ohio. The subject property is a 100 percent occupied, 85,849-square-foot community shopping center. Crossing of Colerain is being offered for $8,651,950.

Investment Highlights

  • 100 Percent Occupied, 85,849-Square-Foot Community Shopping Center in Cincinnati, Ohio
  • Five and a Half Years Weighted Average Lease Term Remaining; No Near-Term Rollover – All Leases have Term thru 2027 or Longer
  • Low $8.25 per Square Foot Triple-Net Average Rent and Priced Below Replacement Cost at $101 per Square Foot
  • Offered Free and Clear of Debt Allowing Purchaser to Pursue New Financing According to Investment Strategy
  • Anchored by Next Level Fitness & Training, Sky Zone (ROCKIN' JUMP) and Caliber Collision (Collectively 79.2 Percent of Gross Leasable Area)
  • All Tenants Leased to Pro Rata, Uncapped Triple-Net Terms Including Reimbursement of Management Fees – Zero Operating Expense Slippage
  • All Tenants are Multi-Unit National or Regional Operators
  • Highway-Visible Property Located at Ohio Route 126 Exit Ramps (22,450 Vehicles per Day)

Exclusively Listed By

Financing By

Shopping Community

Crossing of Colerain

Listing Price: $8,651,950

Cap Rate
8.00%
Gross SF
85,849
Rentable SF
85,849
Price/Gross SF
$100.78
Lot Size
6.70 acres
Year Built
1989

Investment Highlights

  • 100 Percent Occupied, 85,849-Square-Foot Community Shopping Center in Cincinnati, Ohio
  • Five and a Half Years Weighted Average Lease Term Remaining; No Near-Term Rollover – All Leases have Term thru 2027 or Longer
  • Low $8.25 per Square Foot Triple-Net Average Rent and Priced Below Replacement Cost at $101 per Square Foot
  • Offered Free and Clear of Debt Allowing Purchaser to Pursue New Financing According to Investment Strategy
  • Anchored by Next Level Fitness & Training, Sky Zone (ROCKIN' JUMP) and Caliber Collision (Collectively 79.2 Percent of Gross Leasable Area)
  • All Tenants Leased to Pro Rata, Uncapped Triple-Net Terms Including Reimbursement of Management Fees – Zero Operating Expense Slippage
  • All Tenants are Multi-Unit National or Regional Operators
  • Highway-Visible Property Located at Ohio Route 126 Exit Ramps (22,450 Vehicles per Day)

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Crossing of Colerain in Cincinnati, Ohio. The subject property is a 100 percent occupied, 85,849-square-foot community shopping center. Crossing of Colerain is being offered for $8,651,950.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower