Shopping Community

Village Crossings Shopping Center

10400 Reading Rd, Cincinnati, OH 45241

Listing Price: $7,435,000

Cap Rate
8.50%
Gross SF
89,008
Rentable SF
89,008
Price/Gross SF
$83.53
Lot Size
8.89 acres
Year Built
1960

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Village Crossings Shopping Center located in Cincinnati, Ohio. The property is a 89,008-square-foot double grocery anchored shopping center at is 95 percent occupied. The shopping center is anchored by long term tenants Aldi (since 2007), JoAnn (since 2000) and CAM International Market (since 2002). There is an approximately one acre vacant pad at the signalized entrance that offers upside potential with ground lease or triple-net lease development opportunity.

Investment Highlights

  • 95 Percent Occupied, 89,008-Square-F oot Double Grocery Anchored Shopping Center in Cincinnati, Ohio
  • Anchored by Long Term Tenants Aldi (Since 2007), JoAnn (Since 2000) and CAM International Market (Since 2002)
  • Next Closest Aldi is Seven Miles; Next Closest JoAnn is Nine Miles
  • Aldi Recently (2018) Early-Extended Lease Through 2027
  • JoAnn Recently (2019) Early-Extended Lease Through 2026
  • CAM International Market Expanded Their Space by 70 Percent and Signed New 11 Year Lease Commencing in 2013

Exclusively Listed By

Shopping Community

Village Crossings Shopping Center

Listing Price: $7,435,000

Cap Rate
8.50%
Gross SF
89,008
Rentable SF
89,008
Price/Gross SF
$83.53
Lot Size
8.89 acres
Year Built
1960

Investment Highlights

  • 95 Percent Occupied, 89,008-Square-F oot Double Grocery Anchored Shopping Center in Cincinnati, Ohio
  • Anchored by Long Term Tenants Aldi (Since 2007), JoAnn (Since 2000) and CAM International Market (Since 2002)
  • Next Closest Aldi is Seven Miles; Next Closest JoAnn is Nine Miles
  • Aldi Recently (2018) Early-Extended Lease Through 2027
  • JoAnn Recently (2019) Early-Extended Lease Through 2026
  • CAM International Market Expanded Their Space by 70 Percent and Signed New 11 Year Lease Commencing in 2013

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Village Crossings Shopping Center located in Cincinnati, Ohio. The property is a 89,008-square-foot double grocery anchored shopping center at is 95 percent occupied. The shopping center is anchored by long term tenants Aldi (since 2007), JoAnn (since 2000) and CAM International Market (since 2002). There is an approximately one acre vacant pad at the signalized entrance that offers upside potential with ground lease or triple-net lease development opportunity.

Exclusively Listed By

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