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11083 Reading Rd
Sharonville, OH 45241
Property For Lease

HIGHLIGHTS

  • Parking conveniently located in the nearby City municipal lot
  • Abundant outdoor seating available

PROPERTY FACTS

Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 2,714 SF
Year Built 1928

ABOUT THE PROPERTY

I. Purpose The City of Sharonville is soliciting proposals from qualified individuals or companies for a lease agreement to operate a commercial restaurant business at 11083 Reading Road, Sharonville, Ohio, 45241. The City owns the building, currently operating as alReddy Café, and the surrounding property “Depot Square”. The City is looking for individuals or companies who have significant experience operating and leasing retail food hospitality establishments in suburban locations. The City will select a Respondent based on the information provided in the responses to the Request for Proposals. II. Background The City of Sharonville has a population of approximately 13,700 people. The daytime population of Sharonville more than doubles, primarily due to 37,000 inbound employees. The City of Sharonville is ideally located just 15 miles north of downtown Cincinnati, along Interstate Highways 275 and 75. With Interstate Highway 71 only one mile away from the city limits, there are four interstate exits which provide access to the city. The city’s strategic location has encouraged development in leading regional industries like tourism, transportation, engineering, automotive, and logistics. As a community that does not collect property taxes, economic development is a driving factor supporting public improvements; therefore, job creation holds high value. Sharonville’s central business district, the historic core of the City, also known as ‘The Loop’, is home to the Sharonville Cultural Arts Center, fitness studios, independently owned restaurants, retail shops, personal service establishments, and a large U.S. Post Office. In addition, The Loop has become an iconic area within the City used for various public events that result in street closures and pedestrian use of the roadways. The City recently invested millions of dollars to redevelop Depot Square where the building is located and was featured in the Cincinnati Business Courier for its investment: https://www.bizjournals.com/cincinnati/news/2023/11/03/sharonville-depot-square-redevelopment-launch.html. Additionally, Ohio Magazine named the City of Sharonville a “Best Hometown” as featured in their November/December 2023 Issue: https://www.ohiomagazine.com/ohio-life/best-hometowns/article/best-hometowns-2023-sharonville The building, pictured below, has operated as alReddy Café for the past 20 years and includes a property mix, per Hamilton County records, of 1,714 SF first floor retail space and 1,000 SF of second floor space that is currently being used as an apartment. That space may also be used as office space by the occupant if so desired. Parking is conveniently located in the nearby City municipal lot. The building is in excellent condition and will be move in ready upon the execution of the lease agreement. The current tenant’s lease expires May 31, 2024. Outdoor seating is available and encouraged as the property features a gated rear patio. Currently, the interior seats about 60 people in addition to abundant outdoor seating to the rear of the restaurant and additional shared seating on Depot Square. The building even includes a drive through window to service customers.

  • Listing ID: 30969719

  • Date on Market: 2/15/2024

  • Last Updated:

  • Address: 11083 Reading Rd, Sharonville, OH 45241

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