Sharonville Retail Building For
11338 Reading Rd Cincinnati, OH
For Sale
Contact for pricing
2,510 SF retail building in Sharonville with three suites.
Property Size2,510 SF
Lot Size0.45 Acres
Price / SF$179.28
Days on Market1234
Property Features for 11338 Reading Rd
General Information
Standard status
Active
Size
2,510 SF
Lot size
0.45 Acres
Property subtype
RETAIL
Listing Agency:
SqFt Commercial
(513) 739-3985
Listed By:
Roddy Jr MacEachen
(513) 739-3985
Source:
Moodyscre
Added: Mar 14, 2023
Changed: Jul 6
Last Checked: Jul 21 at 6:33AM
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 SqFt Commercial
Investment Insights
Based on property information with market context.
Located in the City of Sharonville, this 2,510 square foot free-standing building is situated minutes from I-71, I-75, and I-275. The property features 325 feet of frontage on Reading Road and is currently configured with three separate suites.
Key Highlights
- 2,510 Sqft free‑standing building
- Located in City of Sharonville
- Minutes to I‑71, I‑75, and I‑275
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.2k | $18.00 |
| − Vacancy | −$3.8k | −$1.53 |
| EGI | $41.3k | $16.47 |
| − OpEx | −$12.4k | −$4.94 |
| NOI | $28.9k | $11.53 |
2,510 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$413.4K
$361.7K – $482.3K
NOI $28,938 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$499.0K
$436.6K – $582.1K
NOI $34,927 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - 2,510 SF retail building in Sharonville with three suites.
Where is this retail space located?
The property is located at 11338 Reading Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,510 Sqft free‑standing building; Located in City of Sharonville; Minutes to I‑71, I‑75, and I‑275
