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7510 Wooster Pike
Cincinnati, OH 45227
Retail Property For Sale
Investment Highlights
- Backed by Panera Bread / Covelli Enterprises, one of the largest and most successful Panera franchisees in the U.S., ensuring reliable rent payments.
- 10% rent increases every 5 years, with the next scheduled bump in February 2029, and four 5-year options through 2054.
- Within 3 miles: population ˜ 72,000 | Average household income ˜ $220,886 — solid spending power and steady daytime traffic.
- Zero landlord responsibilities — tenant handles taxes, insurance, maintenance, roof, and structure, making this a true passive investment.
- Located on Wooster Pike (US 50), a heavily traveled commuter corridor serving the affluent suburbs of Mariemont & Fairfax.
- Hard corner site with signalized access, excellent visibility, and co-tenancy with Kroger, Walgreens, Starbucks, and Chipotle — supporting long-term p
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
5,019 SF
Building Class
B
Year Built
2019
Price
$3,528,000
Price Per SF
$702.93
Cap Rate
5.75%
NOI
$202,868
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
4.17 AC
Zoning
E SPI- SC - permits mixed-use development with institutional, office, retail, and residential uses, emphasizing walkability, urban design, and compatibility with surrounding neighborhoods.
Parking
60 Spaces (11.95 Spaces per 1,000 SF Leased)
Frontage
200’ on Wooster Pike
Amenities
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Smoke Detector
Property Taxes
| Parcel Numbers | Improvements Assessment | $304,983 | |
| Land Assessment | $213,017 | Total Assessment | $518,000 |
Property Taxes
Parcel Numbers
Land Assessment
$213,017
Improvements Assessment
$304,983
Total Assessment
$518,000
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