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260 E University Ave 12,202 SF 100% Leased Office Building Cincinnati, OH 45219 $2,975,000 ($243.81/SF) 6.80% Cap Rate
Investment Highlights
- Excellent location situated between the University of Cincinnati main campus and UC Medical School campus
- Ample parking both on-site and adjacent parking lots
- Built in 2005 and renovated in 2025
- Strong long-term tenants
- Secure parking under building
Executive Summary
Prime investment property near the University of Cincinnati with a 6.8% Cap rate. Net operating income is $202,339.12. Situated between the University of Cincinnati main campus and the UC Medical School campus. 9 minutes to downtown Cincinnati with excellent access to Interstates 71 and 75.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
12,202 SF
Building Class
B
Year Built/Renovated
2006/2025
Price
$2,975,000
Price Per SF
$243.81
Cap Rate
6.80%
NOI
$202,339
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,101 SF
Building FAR
1.56
Lot Size
0.18 AC
Zoning
CN-P-T - Contact the City of Cincinnati regarding permitted uses and zoning specifics.
Parking
54 Spaces (4.43 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Controlled Access
- Wheelchair Accessible
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
AbsoluteCare began in Atlanta in 2000 with a focus on caring for members with HIV/AIDS, then expanded from comprehensive care centers into a broader whole-person care model. AbsoluteCare now provides primary care, behavioral health, infectious disease care, pharmacy with delivery, laboratory services, radiology, social work, infusion services, and transitional support, with attention to housing, food, and transportation needs. The company works with vulnerable and chronically ill members, including Medicaid and dual-eligible populations, and uses community-based care management to connect medical care with social services and post-hospital support.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Exceptionally walkable
90/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $654,031 | |
| Land Assessment | $154,890 | Total Assessment | $808,921 |
Property Taxes
Parcel Numbers
Land Assessment
$154,890
Improvements Assessment
$654,031
Total Assessment
$808,921
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