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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 |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
|
-
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| Effective Gross Income |
-
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-
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| 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
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Lorem Ipsum
-
Jan 0000
AbsoluteCare is a privately held healthcare organization founded in 2000 and headquartered in Columbia, Maryland. The company began as an HIV-focused care center in Atlanta and evolved into a value-based integrated healthcare provider serving medically complex and socially vulnerable populations. Its model, branded as Beyond Medicine™, emphasizes whole-person care by addressing medical, behavioral, and social determinants of health. AbsoluteCare operates comprehensive care centers that provide primary care, infectious disease treatment, behavioral health, pharmacy services, and social support.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 |
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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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