10205 Reading Rd
Cincinnati, OH 45241
Social Security Administration · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 3 Years Firm Remaining After a Recent 12-Year Lease Extension in 2023, SSA has Occupied This Facility Since 2010
- 2009 Construction was a Build To Suit for SSA | LEED Gold Certification at Completion From the U.S. Green Building Council
- Situated on Reading Road Which Sees 16,772 Vehicles Per Day | 1.5 Miles From I-75
- Rental Increases Every 2 Years
- S&P Rated AA+ Investment Grade Credit Tenant
- Limited Competition | Nearest SSA is 20 Minutes Away in a Multi-Tenant Facility
EXECUTIVE SUMMARY
Seller Financing Available | 2009 Construction was a Build To Suit for SSA
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
13,928 SF
Building Class
B
Year Built
2009
Price
$4,800,000
Price Per SF
$344.63
Cap Rate
8.06%
NOI
$386,910
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,928 SF
Building FAR
0.15
Lot Size
2.08 AC
Parking
70 Spaces (5.03 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 611-0020-0408 | Improvements Assessment | $660,573 |
| Land Assessment | $601,738 | Total Assessment | $1,262,311 |
