Historical Retail Sale Listing - Western Hills Retail Center

Retail For Sale

This Retail property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Retail For Sale, Cincinnati, OH or Ohio

Western Hills Retail Center

5301 Glenway Avenue, Cincinnati, OH 45238

N/A

10,540 SF | Retail

  • Print

Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
10,540 SF
Property Type:
Retail
Property Sub-type:
Neighborhood Center
Additional Sub-types:
Free Standing Bldg
Community Center
Strip Center
Property Use Type:
Net Lease Investment with
5 years left on lease
Cap Rate:
10.67%
Tenancy:
Multiple
Listing ID
16468869
Last Updated
60 days ago

Highlights

  • 10,540 Total SF
  • 100% occupied
  • Very stable existing tenants
  • Excellent visibility
  • High traffic counts
  • Strong 10.67% CAP Rate Return

Description

This neighborhood center is located in the heart of one of Cincinnati' s busiest retail corridors. The property' s corner location and outstanding visibility make it a very attractive location for retail tenants. The mature and very dense market make new retail development difficult.

If the buyer desires Wing Optical and Visionary Marketing & Management will sign a new 5 year lease at closing. The rental rates are shown on the rent roll.

The rental rate for Visionary Marketing is well below market. Visionary Marketing will use the space primary for storage. If the owner finds a new tenant for the space, Visionary Marketing will vacate with 90 days notice.

If the buyer prefers, Visionary Marketing & Management and/or Wing Optical will vacate the entire space within 90 days of closing.

This neighborhood center is located in the heart of one of Cincinnati' s busiest retail corridors. The property' s corner location and outstanding visibility make it a very attractive location for retail tenants.

Map of 5301 Glenway Avenue, Cincinnati, OH 45238 (Hamilton County)

Research for 5301 Glenway Avenue, Cincinnati, OH 45238 (Hamilton County)

  • Demographics – Population, income & other demographics near 5301 Glenway Avenue
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Similar Listings

Homer's Smorgasbord Eve... Homer's Smorgasbord Eve...
  • Cincinnati, OH
  • $599,950
  • 9,304 SF Bldg
6 Photos
Freestanding Retail For...
Freestanding Retail For...
  • Cincinnati, OH
  • $489,000
  • 10,950 SF Bldg
4 Photos
6060 Hamilton Ave
6060 Hamilton Ave
  • Cincinnati, OH
  • $525,000
  • 13,431 SF Bldg
11550 Winton Road 11550 Winton Road
  • Cincinnati, OH
  • $645,000
  • 7,488 SF Bldg
3 Photos
6816 - 6828 Hamilton Av...
6816 - 6828 Hamilton Av...
  • Cincinnati, OH
  • $495,000
  • 10,196 SF Bldg
Colerain Retail Colerain Retail
  • Cincinnati, OH
  • $439,000
  • 8,000 SF Bldg
Midwest Plaza Midwest Plaza
  • Cincinnati, OH
  • $600,000
  • 10,460 SF GLA
5 Photos
6045 Winton Rd
6045 Winton Rd
  • Cincinnati, OH
  • $325,000
  • 8,100 SF Bldg