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Midas 4011 Smith Rd 3,612 SF Retail Building Cincinnati, OH 45212 $2,598,383 ($719.38/SF) 5.65% Cap Rate
Investment Highlights
- Excellent Corporate Guarantee from Leading Tire Retailer
- Directly Adjacent to a Premier Shopping Destination
- Deep Base of Major Corporate Employers
- Robust Unit - Level Performance
- Affluent, High - Traffic Urban Trade Area
- Proximity to Two Major Universities
Executive Summary
Surmount is pleased to present the exclusive listing for a Midas located at 4011 Smith Road, Cincinnati, OH 45211. The site consists of roughly 3,612 rentable square feet of building space. Midas is subject to a 20-year Triple Net (NNN) lease which commenced on September 1, 2026. The annual rent is $146,809 and has scheduled increases of 1.50% Annually Starting Year 7.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,612 SF
Building Class
C
Year Built
1980
Price
$2,598,383
Price Per SF
$719.38
Cap Rate
5.65%
NOI
$146,809
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
0.18 AC
Zoning
GBDPUD
Parking
20 Spaces (5.54 Spaces per 1,000 SF Leased)
Frontage
37’ on Smith Rd
Amenities
- Freeway Visibility
- Pylon Sign
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 551-0011-0166 | Improvements Assessment | $32,739 |
| Land Assessment | $6,703 | Total Assessment | $39,442 |
Property Taxes
Parcel Number
551-0011-0166
Land Assessment
$6,703
Improvements Assessment
$32,739
Total Assessment
$39,442
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