87-95 E US Highway 22 And 3
Maineville, OH 45039
Maineville Crossing Medical Office Building · Office Property For Sale

Stabilized Cash Flow The Property benefits from being 100% occupied  with a healthy cash flow since commencement in 2003. The prospective purchaser has the opportunity to capture current income with the potential to renew the tenant for three (3)  additional 5-year terms. Substantially Improving Submarket The Property is located within the Outlying Warren County submarket which has seen dramatic improvement in overall market fundamentals since the end of 2013. Since 2014, the submarket has seen positive net absorption each recurring year coupled with steady rent increases. Asking rents have continued to grow year-over-year, and are forecasted to continue to do so through 2021 per CoStar. Well-Maintained Property The Building was constructed in 2003 and has been well-maintained throughout the years. To date there are no major capital expenditures required, and the strong overall condition is on par with local product within the same class. Excellent Demographics The property is conveniently located in an a neighborhood surrounded by upper income demographics. The average household income within a 1-mile radius is $93,772 which is significantly 71.3% higher than the state average of $54,736. Great Visibility in Trafficked Area The subject Property is located along US Route 22, a thoroughfare that provides great visibility and accessibility to the medical office. Additionally,  US Route 22 experiences approximately 17,000 vehicles per day that complements the easy access to both the medical office, and the adjacent retail center.