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Shopping Neighborhood

King Commons Value-Add Shopping Center | Cincinnati MSA

935 S South St, Wilmington, OH 45177

Listing Price: $3,125,000

Cap Rate
9.00%
Gross SF
59,573
Rentable SF
59,573
Price/Gross SF
$52.46
Lot Size
7.33 acres
Year Built
1977

Investment Overview

Marcus & Millichap is pleased to present the offering for King Commons in Wilmington, OH.

Investment Highlights

  • 59,573 SF Multi-Tenant Shopping Center on a +/-7 Acre Lot With 651 Parking Spaces
  • 97% Occupied by a Strong Tenant Mix of Retail and Service Tenants Including Dollar General & a State Funded Mental Health Counsel
  • Anchor Tenants, Dollar General & Solutions Have Over 15-Years of Historical Occupancy and Recently Renewed Leases
  • Out Lot Development Opportunity Included in the Sale, Ask Agent About QSR Lead | Landlord Will Paint the Entire Façade Prior to Closing
  • Property Features Three Points of Ingress and Egress With Signalized Intersection Along S Street and Excellent Visibility, Seeing 10,400+ Vehicles Per Day
  • Adjacent to Wilmington Air Park Commercial Airport and Wilmington National Weather Service Station
  • Near U.S. Route 22 Leading into Cincinnati with over 24,093 Vehicles Per Day | 50 Miles From Downtown Cincinnati and 35 Miles From Downtown Dayton
  • Wilmington is Part of the Greater Cincinnati Metropolitan Area

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director / Chief Revenue Officer

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Shopping Neighborhood

King Commons Value-Add Shopping Center | Cincinnati MSA

Listing Price: $3,125,000

Cap Rate
9.00%
Gross SF
59,573
Rentable SF
59,573
Price/Gross SF
$52.46
Lot Size
7.33 acres
Year Built
1977

Investment Highlights

  • 59,573 SF Multi-Tenant Shopping Center on a +/-7 Acre Lot With 651 Parking Spaces
  • 97% Occupied by a Strong Tenant Mix of Retail and Service Tenants Including Dollar General & a State Funded Mental Health Counsel
  • Anchor Tenants, Dollar General & Solutions Have Over 15-Years of Historical Occupancy and Recently Renewed Leases
  • Out Lot Development Opportunity Included in the Sale, Ask Agent About QSR Lead | Landlord Will Paint the Entire Façade Prior to Closing
  • Property Features Three Points of Ingress and Egress With Signalized Intersection Along S Street and Excellent Visibility, Seeing 10,400+ Vehicles Per Day
  • Adjacent to Wilmington Air Park Commercial Airport and Wilmington National Weather Service Station
  • Near U.S. Route 22 Leading into Cincinnati with over 24,093 Vehicles Per Day | 50 Miles From Downtown Cincinnati and 35 Miles From Downtown Dayton
  • Wilmington is Part of the Greater Cincinnati Metropolitan Area

Investment Overview

Marcus & Millichap is pleased to present the offering for King Commons in Wilmington, OH.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director / Chief Revenue Officer

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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