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    11001-11039 Montgomery Rd Montgomery, OH 45242

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    For Lease
    Contact for pricing

    Exceptional leasing opportunity in a well-established retail and professional center.

    Type:Retail, Office
    Added:
    Feb 21, 2026
    Days on Market:
    39
    Last Refresh:
    Mar 17 at 1:22 pm

    Property Features for 11001-11039 Montgomery Rd

    General Information

    Standard status
    Active
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1987

    Spaces For Lease

    at 11001-11039 Montgomery Rd Contact us

    Available Space $22 /Mo

    Size
    3,058 SF
    Type
    Retail
    $22.50 PSF NNN + $7.71 OPEX
    Contact us

    We can help!

    Listing Contact
    Dean Misleh

    Listing agent Dean Misleh License #SAL.2025003940

    Listing office Lee & Associates - Cincinnati

    Listing date Feb 21, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Cincinnati

    Overview

    Prime Retail and Professional Center

    Cornell Crossing presents a leasing opportunity within an established retail and professional center. The location is highly visible and easily accessible. The property's layout is flexible, accommodating medical, wellness, or professional office uses. Abundant parking is available. Direct access from Montgomery Road is provided. The center is near I-275. The property features modern finishes, strong co-tenancy, and a professional environment. It is situated in Symmes Township along Montgomery Road. The surrounding area offers retail synergy and convenience. The Shops at Harper’s Point, including Kroger, TJ Maxx, Starbucks, and First Watch, are nearby. The area has affluent neighborhoods and an average household income exceeding $175,000. Nearby employers include TriHealth and Christ Hospital. Connectivity to I-275 and I-71 provides accessibility to Cincinnati and Northeast suburban markets.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.3364965
    Latitude
    39.2642178

    Nearby Similar for Lease

    • $15/mo

      Downtown Montgomery Office Space Available

      Office space for lease in a mixed-use building.
      9380 Montgomery Road, Montgomery, OH, 45242
      View Details
    • $30/mo

      Retail Space on Montgomery Road

      Retail space with high visibility and easy highway access.
      9340 Montgomery Rd, Montgomery, OH
      View Details
    • Contact for pricing

      Office Building with Free Parking

      Office space available for rent with a high parking ratio.
      9260 MONTGOMERY RD., Montgomery, OH, 45242
      View Details
    • $13/mo

      Downtown Montgomery Office Space Available

      Office space for rent in mixed-use building, downtown Montgomery.
      9380 Montgomery Rd, Montgomery, OH 45242
      View Details
    • $24/mo

      Montgomery Office Space For Rent

      Office space available in Montgomery, Ohio with ample parking.
      9260-9320 Montgomery Rd, Montgomery, OH
      View Details

    FAQs

    What type of property is this?
    Retail space - Exceptional leasing opportunity in a well-established retail and professional center.
    Where is this retail space located?
    The property is located at 11001-11039 Montgomery Rd Montgomery, OH.
    What are key features of this property?
    This property features: High‑visibility location with direct access from Montgomery Road; Strong co‑tenancy with established businesses; Affluent demographics with an average household income exceeding $175,000
    We can help!
    Listing Contact
    Dean Misleh
    Real Estate License ID: SAL.2025003940
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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