Shopping Strip
Forest Park Plaza
665 Northland Blvd, Cincinnati, OH 45240
Listing Price: $2,786,000
Cap Rate
9.20%
Gross SF
51,621
Rentable SF
51,621
Price/Gross SF
$53.97
Lot Size
10.86 acres
Year Built
1966
Investment Overview
Marcus & Millichap is pleased to present for sale Forest Park Plaza located in Cincinnati, Ohio.
Investment Highlights
- 100 Percent Occupied 51,621-Square-Foot Neighborhood Retail Center Positioned at Signalized Intersection in Cincinnati's Forest Park Submarket
- High Yield Opportunity – Offered at 10.7 Percent C/C - Priced Below Replacement Cost at $55 per Square Foot
- Average Rent per Square Foot of $6.74 – Major Mark to Market Opportunity – Limited Options Remain
Listing Price: $2,786,000
Cap Rate
9.20%
Gross SF
51,621
Rentable SF
51,621
Price/Gross SF
$53.97
Lot Size
10.86 acres
Year Built
1966
Investment Highlights
- 100 Percent Occupied 51,621-Square-Foot Neighborhood Retail Center Positioned at Signalized Intersection in Cincinnati's Forest Park Submarket
- High Yield Opportunity – Offered at 10.7 Percent C/C - Priced Below Replacement Cost at $55 per Square Foot
- Average Rent per Square Foot of $6.74 – Major Mark to Market Opportunity – Limited Options Remain
Investment Overview
Marcus & Millichap is pleased to present for sale Forest Park Plaza located in Cincinnati, Ohio.