5053 Wooster Rd
Cincinnati, OH 45226
Oncology Hematology Care · Office Property For Sale

The subject property is ideally situated with excellent access along Wooster Road (14,264 AADT) near its junction with Beechmont Avenue/James A. Rhodes Appalachian Highway (33,220 AADT) and Columbia Parkway/US-50 (15,763 AADT). The site benefits from robust demographics with a population of 219,274 within a five mile radius. Average household income within one mile of the site is $151,654, with 56.8% of the surrounding population earning more than $100,000 annually. In addition, the property benefits from demographic patterns supporting the tenant’s patient base. More than a quarter of the population within a five mile radius is over the age of 55; nearly 77% of new cancer diagnoses occur in adults 55 or older according to data from the National Cancer Institute. Major retail centers neighboring the site include Oakley Station with tenants including Target, Meijer, Kroger, LA Fitness, PetSmart, Dollar Tree, and more; Hyde Park plaza, with Kroger, Remke Markets, and Michael’s as anchor tenants; Rookwood Commons & Pavilion, featuring Whole Foods, Nordstrom Rack, REI, TJ Maxx, Homegoods, Bed Bath & Beyond, and more; and Kenwood Town Centre and Kenwood Town Square, with tenants including Nordstrom, Trader Joe’s, Dillards, Five Below, ULTA, and more. Other major retailers include Walmart Supercenter, CVS, Walgreens, ALDI, The Home Depot, Lowe’s Home Improvement, Dollar Tree, and more. The property benefits from close proximity to major employers, medical centers, and numerous assisted living facilities. In addition, the site is located less than one mile from Lunken Airport, the second largest airport serving the Cincinnati area. The site is situated approximately 7 miles from the University of Cincinnati College of Medicine, the Cincinnati Children’s Hospital and The Christ Hospital, both of are affiliated with Oncology Hematology care, as well as Good Samaritan Hospital. In addition, the property neighbors numerous senior housing and assisted living communities, including Hyde Park Health Center, Pleasant Ridge Care Center, the Marjorie P. Lee Retirement Community, Beechwood Home, and more. Major employers in the area surrounding the site include Teva Pharmaceuticals, Blue Cross Blue Shield, Siemens, Proctor & Gamble, Coca Cola, the National Institute of Occupational Health and Safety, Baerlocher USA, Milacron, Fifth Third Bank, and more. This property is listed in conjunction with Ohio licensed real estate broker Steiner Brokerage Services, LLC.