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1476-1496 S Erie Hwy
Hamilton, OH 45011

$2,250,000 USD

Storefront For Sale  •  13,843 SF

Property Details

  • Property Type Storefront
  • Total Building Size 13,843 SF
  • Lot Size 10.14 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 8.93 %
  • Tenancy Multiple
  • Zoning BPD
30 Transit Score
40 Walk Score

Highlights

Kroger ranks in the top 4% of grocery stores nationwide, according to Placer.ai, attracting ~1.3 million annual visits.
Fully occupied by 6 tenants spanning casual dining, healthcare, and essential services, providing diversified income and broad consumer appeal.
Offered at an 8.93% CAP Rate and $162.54 PSF, providing compelling in-place yield at an attractive basis.
Average rents of ~$16.08 PSF provide potential future upside through lease renewals and rent growth.
4 of the 6 tenants have operated at the property for 15+ years, demonstrating strong tenant retention and long-term stability.
~65 years remain on the leasehold, including options, providing long-term control and depreciation benefits for a new investor.
Cap Rate: 8.93 %

Major Tenants

Tenant SF Occupied Lease End Date
CareFirst Urgent Care 1,534 SF 6/30/2028
Future Tenant 1,600 SF 4/30/2028
Hi-Tek Nails 800 SF 2/28/2028
Little Caesars 1,630 SF 1/31/2030
RentMart* 5,600 SF 4/30/2032
Skyline Chili 2,679 SF 6/30/2029

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Cincinnati/Northern Kentucky International 59 min - 37.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 120
Type: Surface
Included in Rent: Yes
Daniel Hoogesteger 310-853-1419 Sands Investment Group
Daniel Hoogesteger 310-853-1419 Sands Investment Group