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Shopping Community

Western Hills Square

2314 Ferguson Rd, Cincinnati, OH 45238

Listing Price: $2,350,000

Gross SF
33,579
Rentable SF
33,579
Price/Gross SF
$69.98
Lot Size
3.01 acres
Year Built
1998

Investment Overview

Marcus & Millichap is pleased to present for sale, Western Hills Square located in Cincinnati, Ohio. The subject property is comprised of 33,579 square feet that is situated on 3.01 acres with 169 parking spaces This offering consists of a 26,579-square-foot Junior Box Space (Unit A, PetSmart) and a 7,000-square-foot Shop Space (Unit B, Hallmark). Western Hills Square is being offered for $2,350,000.

Investment Highlights

  • 33,579-Square-Foot Junior Box Re-Tenanting Opportunity in Cincinnati, Ohio
  • Offering Consists of a 26,579-Square-Foot Junior Box Space (Unit A, PetSmart) and 7,000-Square-Foot Shop Space (Unit B, Hallmark) Situated on 3.01 Acres with 169 Parking Spaces
  • Massive Upside Potential via Re-Tenanting: PetSmart will be Vacating at the End of their Term Expiring 1/31/2022, Hallmark Anticipated to Vacate Upon their 2/28/2022 Expiration
  • Easy Conversion to One 33,579-Square-Foot Unit if Desired: Both Units Share a Contiguous Façade and Roof; Demising Wall is Non-Load Bearing and can be Fully Removed
  • Offered Well-Below Replacement Cost at $70 per Square Foot
  • Contiguous to Non-Owned Walmart (North) and Kroger (South): Shadow Anchors Drove 2.6 Million Customers to the Property in the Trailing 12 Months (Source: Placer.AI)
  • Attractive Opportunity for Tenants Looking to Enter or Relocate in the Market: Shadow Anchors are the #1 and #2 Largest Grocers in the Trade Area Drawing Some of the Highest Daily Traffic of All Competing Properties

Exclusively Listed By

Shopping Community

Western Hills Square

Listing Price: $2,350,000

Gross SF
33,579
Rentable SF
33,579
Price/Gross SF
$69.98
Lot Size
3.01 acres
Year Built
1998

Investment Highlights

  • 33,579-Square-Foot Junior Box Re-Tenanting Opportunity in Cincinnati, Ohio
  • Offering Consists of a 26,579-Square-Foot Junior Box Space (Unit A, PetSmart) and 7,000-Square-Foot Shop Space (Unit B, Hallmark) Situated on 3.01 Acres with 169 Parking Spaces
  • Massive Upside Potential via Re-Tenanting: PetSmart will be Vacating at the End of their Term Expiring 1/31/2022, Hallmark Anticipated to Vacate Upon their 2/28/2022 Expiration
  • Easy Conversion to One 33,579-Square-Foot Unit if Desired: Both Units Share a Contiguous Façade and Roof; Demising Wall is Non-Load Bearing and can be Fully Removed
  • Offered Well-Below Replacement Cost at $70 per Square Foot
  • Contiguous to Non-Owned Walmart (North) and Kroger (South): Shadow Anchors Drove 2.6 Million Customers to the Property in the Trailing 12 Months (Source: Placer.AI)
  • Attractive Opportunity for Tenants Looking to Enter or Relocate in the Market: Shadow Anchors are the #1 and #2 Largest Grocers in the Trade Area Drawing Some of the Highest Daily Traffic of All Competing Properties

Investment Overview

Marcus & Millichap is pleased to present for sale, Western Hills Square located in Cincinnati, Ohio. The subject property is comprised of 33,579 square feet that is situated on 3.01 acres with 169 parking spaces This offering consists of a 26,579-square-foot Junior Box Space (Unit A, PetSmart) and a 7,000-square-foot Shop Space (Unit B, Hallmark). Western Hills Square is being offered for $2,350,000.

Exclusively Listed By

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