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2275 Crowne Point dr
Cincinnati, OH 45241
Northern Tool + Equipment · Retail Property For Sale
Investment Highlights
- New 2023 construction | Desirable lease term | 10 years remaining
- Great visibility from I-75 | 132,250 VPD
- Attractive population density within a 5-mile radius | 154,193 residents
- Corporate lease | Northern Tool & Equipment Company, Inc. | 140 locations across the US
- Located inside of dense retail corridor | 4M SF within a 2-mile radius
- Affluent surrounding area | $197,488 average household income within a 1-mile radius
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Northern Tool + Equipment in Cincinnati, OH. We welcome your review of this attractive investment.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,460 SF
Building Class
B
Year Built
2023
Price
$6,475,000
Price Per SF
$288.29
Cap Rate
6.50%
NOI
$420,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
1.60 AC
Zoning
Commercial
Parking
70 Spaces (3.12 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 608-0016-0090 | Improvements Assessment | $699,948 |
| Land Assessment | $140,308 | Total Assessment | $840,256 |
Property Taxes
Parcel Number
608-0016-0090
Land Assessment
$140,308
Improvements Assessment
$699,948
Total Assessment
$840,256
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