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3100-3130 Springdale Rd
Cincinnati, OH 45251 Northgate

$2,730,000 USD

Storefront For Sale • 27,299 SF

Property Details

Property Type Storefront
Total Building Size 27,299 SF
Lot Size 2.16 AC
Building Class C
Year Built 1964
Cap Rate 8.00 %
Tenancy Multiple

0 Transit Score

45 Walk Score

                
                    Highlights
                
                                100% Occupied, Dollar General (S&P BBB/Moody's Baa3) Anchored Center with 9+ Years of Term & Desirable Service Oriented and Internet Resistant Tenants
                            
                                Attractive 8.00% CAP with Low $100/S.F. Asking Price, Far Below Replacement Costs & Roof Replacements Completed
                            
                                Significant Upside Available: Replaceable 5,000 SF Tenant at Far Below Market Rent on Gross Lease Structure & Other Tenants with Rental Bumps
                            
                                Strong Demographics: Approx. 173k People Within 5 Mile Radius & Average Household Incomes of $96k
                            
                                Located Directly Across Taylor Elementary School (800 Students + Faculty) w/ Daily Drive-By Traffic & Easy Access to US Route 27(37k Vehicles Per Da
                            
                                Located in Northwest Local School District, One of the Largest Districts in Hamilton County, Serving Over 9,000 Students Across 12 Schools

Property Flyers

Full Offering Memorandum

Cap Rate:

8.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dollar General (S&P "BBB")	9,899 SF	1/1/2035

Amenities

Corner Lot
Dedicated Turn Lane
Pylon Sign
Security System
Signage
Signalized Intersection

Public Transportation

Airport	Drive	Walk	Distance
Cincinnati/Northern Kentucky International	50 min	-	26.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	170
Type:	Surface
Included in Rent:	Yes

Dan Cooper 440-915-7902 Cooper Commercial Investment Group

3100-3130 Springdale Rd Cincinnati, OH 45251 Northgate