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Arhaus Plaza
35 Tri-County Parkway, Cincinnati, OH 45246
N/A
20,208 SF
Retail
Free Standing Bldg
Vacant/Owner-User
1
1999
-
Last Verified 1/14/2010
Listing ID 16295076
Highlights
Attractive non-recourse seller financing available to qualified investors
Strategically location within ½ mile of Tri-County Mall and over one million square feet of Class A and B office product
Tremendous upside potential for investors
High quality showroom space immediately available
Description
Arhaus Plaza is a 20,208 SF multi-tenant property located in the northern Cincinnati suburb of Springdale. Situated in the heart of the Tri-County submarket, Arhaus Plaza is located just minutes from Tri-County Mall, the largest mall in southwest Ohio. It is also in close proximity to over 1.1 million square feet of office product and over 1 million square feet of retail product that supports the mall.
Currently 28% leased, Arhaus Plaza offers significant upside potential. Many retail properties in the Tri-County submarket have been converted to office use and Arhaus Plaza would be an ideal candidate for such a conversion. It' s location near the Kemper Road/Princeton Pike (State Route 747) intersection, the primary traffic arteries for the Tri-County trade area, provides ease of access to those who would occupy or shop at this location. The building was formerly 100% occupied until Arhaus Furniture vacated the balance of the space in 2008.
Arhaus Plaza is located in the City of Springdale, Cincinnati. The Tri-County submarket is one of Greater Cincinnati' s largest in terms of the area it encompasses. The submarket is also one the best located in Greater Cincinnati, as it offers unmatched access for commuters from the northern, eastern and western suburbs. Notably, Butler County to the north and Warren County to the northeast are two of the fastest growing residential populations in the State of Ohio. Each day, the area' s population grows significantly as a highly skilled and educated workforce comes to work for Fortune 500 powerhouses and entrepreneurial small companies. Companies that call the Tri-County submarket home include General Electric, Kroger, United Healthcare and AK Steel. Local companies such as Cincom,Acosta and Contech also call the area home.
In addition to its desirable location, convenient access and a wealth of amenities make the Tri-County submarket an attractive locale. The property is strategically at the crossroads of I-75 and the I-275 beltway in the heart of the Tri-County Mall retail trade area.
Map of 35 Tri-County Parkway, Cincinnati, OH 45246 (Hamilton County)
Created 6/26/2009
Additional Information for 35 Tri County Parkway, Cincinnati, OH 45246
- Active For Sale - 0 Listing
- Active For Lease - 0 Listing
- Previously Listed - 6 Historic Listings
- Sales Comparables Available - 3 RecentSales Records
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.