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Single-Tenant Industrial

Cincinnati Industrial Portfolio

2 Standen Dr, Hamilton, OH 45015

Listing Price: $475,000

Cap Rate
8.00%
Gross SF
6,000
Price/Gross SF
$79.17
Lot Size
0.89 acres
Year Built
1986
Rentable SF
6,000

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Cincinnati Industrial Portfolio, a three property portfolio located in Middletown and Hamilton, Ohio.

Investment Highlights

  • Temperature Controlled Warehouse
  • Over Two and a Half Percent Rent Increase Year Over Year – Lease Provides for Over Two and a Half Percent Increases in Base Rent on Annual Basis
  • Over Four Years Remaining on Single Tenant Net Lease Five Year Lease
  • Highly Desirable Corner Lot
  • Minutes from I-275 Outerbelt with 132,654 Vehicles per Day and I-75 North/South with 125,729 Vehicles per Day with Close Proximity to Downtown Cincinnati with Population of 2.25 Million Residents
  • Located in Cincinnati, Ohio Logistically Superior State of Ohio Within a One-Day Drive to 60 Percent of U.S.
  • Highly Desirable Industrial Market, Submarket Rents Up Eight and a Half Percent, Subject Property Rent Up Seven Percent, Overall Market Rents Up 10 Percent

Exclusively Listed By

Financing By

Single-Tenant Industrial

Cincinnati Industrial Portfolio

Listing Price: $475,000

Cap Rate
8.00%
Gross SF
6,000
Price/Gross SF
$79.17
Lot Size
0.89 acres
Year Built
1986
Rentable SF
6,000

Investment Highlights

  • Temperature Controlled Warehouse
  • Over Two and a Half Percent Rent Increase Year Over Year – Lease Provides for Over Two and a Half Percent Increases in Base Rent on Annual Basis
  • Over Four Years Remaining on Single Tenant Net Lease Five Year Lease
  • Highly Desirable Corner Lot
  • Minutes from I-275 Outerbelt with 132,654 Vehicles per Day and I-75 North/South with 125,729 Vehicles per Day with Close Proximity to Downtown Cincinnati with Population of 2.25 Million Residents
  • Located in Cincinnati, Ohio Logistically Superior State of Ohio Within a One-Day Drive to 60 Percent of U.S.
  • Highly Desirable Industrial Market, Submarket Rents Up Eight and a Half Percent, Subject Property Rent Up Seven Percent, Overall Market Rents Up 10 Percent

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Cincinnati Industrial Portfolio, a three property portfolio located in Middletown and Hamilton, Ohio.

Exclusively Listed By

Financing By

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