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5770 Este Ave
Cincinnati, OH 45232
US Cargo · Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • 31,616 Square-Foot, 40 Door Cross Docked, Single-Tenant Truck Terminal | Cincinnati MSA
  • Strategically Positioned 1 Mi. off I-75 with Easy Access to I-74 and OH-562
  • Opportunity to Add-Value by Raising Rents to Market Rate | Low Vacancy Submarket
  • Cincinnati MSA is 5th Largest Midwestern MSA | 2,114,580 Residents (2010 Census)
  • Well Maintained Property | NNN Lease with Established Guarantor

PROPERTY FACTS

Property Type Industrial
Property Subtype Truck Terminal
Building Class C
Lot Size 4.76 AC
Rentable Building Area 31,616 SF
No. Stories 2
Year Built 1975
Tenancy Single
Parking Ratio 1.9/1,000 SF
No. Dock-High Doors/Loading 40
No. Drive In / Grade-Level Doors 1
Zoning MG

AMENITIES

  • Fenced Lot

ABOUT 5770 ESTE AVE , CINCINNATI, OH 45232

The DiSalvo Group of Marcus & Millichap is pleased to exclusively present to the market the US Cargo Truck Terminal of Cincinnati, Ohio. The Cincinnati MSA, also referred to as the Greater Cincinnati Tri-State Area, is the 5th Largest Midwestern MSA, and 29th Largest in the Country, with a reported 2010 Census Population of 2,114,580 residents. Built in 1975 and exceptionally maintained, the US Cargo Truck Terminal is a 31,616 square foot, 40 door cross docked truck terminal, located just 9 miles North of Cincinnati’s CBD and 12 miles South of Cincinnati’s major industrial corridor. Perfectly situated just 1 mile off of I-75 and less than 5 miles from I-74 and OH- 562, the US Cargo Truck Terminal provides Drivers easy access to major routes in all directions. The US Cargo Truck Terminal is 100% occupied by US Cargo, a regional logistics subsidiary of Pitt Ohio Express, a larger, national, trucking and supply chain company. US Cargo recently signed their second 3-year triple-net lease, guaranteed by Pitt Ohio Express. With over 40 years of industry experience, US Cargo has shown continued growth and success throughout the Midwest. Fully occupied and operating at below market rents, the US Cargo Truck Terminal is presented as a rare opportunity to both local and out-of-state investors looking to acquire a low maintenance asset, with the ability to increase rents, in a low vacancy market. The US Cargo Truck Terminal is offered to market asking $917,000, reflecting an attractive 8.78% CAP Rate.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
238-0A04-0008
Land Assessment
$93,993
Improvements Assessment
$387,258
Total Assessment
$481,251
  • Listing ID: 17360774

  • Date on Market: 10/3/2019

  • Last Updated:

  • Address: 5770 Este Ave, Cincinnati, OH 45232

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