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11530-11548 Springfield Pike
Springdale, OH 45246 Springdale

$7,150,000 USD

Freestanding For Sale  •  13,769 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 43,071 SF
  • Lot Size 4.31 AC
  • Building Class C
  • Year Built 2006
  • Tenancy Multiple
0 Transit Score
69 Walk Score

Highlights

90% Occupied, NNN Medical/Retail Center with Desirable Service Oriented, Internet Resistant and Medical Services Tenants
Multiple Avenues for Future NOI Growth: Lease-Up of the Last 2 Remaining Vacant Units & a Majority of Tenants Include Multiple Rental Increases
Offers a Great Mix of National, Regional and Local Recession/ Internet Resistant Users, Many of them Being Medical Users
Excellent Recent Leasing Traction Within the Past 12 Mths & Balanced Rent Roll w/ No Individual Tenant Occupying More Than Approximately 7% of center
80% of Tenants Have Renewed Lease at Lease Once: Many Original or Tenured Tenants Consistently Exercising Renewals
Strong Demographics in Growing Suburban Market: Over 159,000 Residents and Average Household Incomes Over $105,000 Within a 5 Mile Radius

Amenities

  • Signage
  • Monument Signage

Public Transportation

AirportDriveWalkDistance
Cincinnati/Northern Kentucky International 35 min - 30.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 120
Type: Surface
Included in Rent: Yes
Dan Cooper 440-915-7902 Cooper Commercial Investment Group
Dan Cooper 440-915-7902 Cooper Commercial Investment Group