HOOTERS & MANGO'S TROPICAL OASIS 12183-12185 Springfield Pike 16,800 SF Retail Building Cincinnati, OH 45246 $3,080,000 ($183.33/SF) 9% Cap Rate



INVESTMENT HIGHLIGHTS
- Proximity to Major Highway – The subject property is well located by Springfield Pike and the I-275 interstate.
- Blossoming Local Market – Cincinnati has a diverse and growing economy that is home to many Fortune 500 companies like Procter & Gamble, Kroger
- Surrounding Development – Just south of the property, 216 new apartment units completed construction within the last two years (Array Apartments).
- Large Parcel – Per LandVision, the subject property sits on roughly ±3.01 acres of land. This helps to provide more space for parking
- Dense Population – There are over ±146,000 people within a 5-mile radius to the property and ±640,700 within a 10-mile radius to the property.
- Manufacturing Hub – Across from the subject property is home to Cincinnati’s largest industrial manufacturing hub.
EXECUTIVE SUMMARY
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
Hooters of America, is known for its world famous Hooters Style chicken wings, the first Hooters opened its doors in 1983 in Clearwater, Florida. Expectations were so modest at the time that the simple fact the doors opened was deemed worthy of a toast. Since then millions have been liberated from the ordinary at Hooters while enjoying great food, fun and one-of-a-kind hospitality that can only be served up by the Hooters Girls.
- Mangos Tropical Oasis
- Accommodation and Food Services
- -
- -
- Triple Net
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
![]() |
Accommodation and Food Services | - | - | Triple Net | Jun 2023 | |
Mangos Tropical Oasis | Accommodation and Food Services | - | - | Triple Net | - |
NEARBY MAJOR RETAILERS









PROPERTY TAXES
Parcel Number | 599-0050-0416 | Improvements Assessment | $117,117 |
Land Assessment | $289,289 | Total Assessment | $406,406 |