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260 E University Ave
Cincinnati, OH 45219
Office Property For Sale
Investment Highlights
- Excellent location situated between the University of Cincinnati main campus and medical school campus
- Ample parking both on-site and adjacent parking lots
- Built in 2005 and renovated within the last 5 years
- 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.
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
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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