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3100-3130 Springdale Rd Cincinnati, OH 45251

For Sale
$2,730,000

Anchored by Dollar General, this center offers stable income.

Property size:
27,299 SF
Lot size:
2.16 Acres

Property Features for 3100-3130 Springdale Rd

General Information

Size
27,299 SF
Lot size
2.16 Acres

Source: Cooper Commercial Investment Group Agent Dan Cooper

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


Overview

Fully Occupied Cincinnati Retail Center

This fully occupied neighborhood center is anchored by Dollar General, which holds an S&P BBB/Moody's Baa3 rating. The property features a mix of service-oriented and internet-resistant tenants. An attractive 8.00% CAP rate is offered at a price of $100 per square foot. The property includes a 5,000 square foot tenant space with below-market rent on a gross lease structure, presenting potential for increased NOI through rental increases from multiple tenants. Dollar General, the anchor tenant, has over 20,500 locations across 48 states and reported $40.61 billion in revenue for 2025, a 5% increase over the previous year, with over 9 years of lease term remaining. The location benefits from strong demographics, with approximately 173,000 residents within a 5-mile radius and average household incomes of $96,000. Situated 11 miles from the University of Cincinnati, with over 53,600 students and 10,500 academic staff plus 4,500 other employees, the property is located directly across from Taylor Elementary School, which has 800 students and faculty, providing stable daily drive-by traffic. It offers easy access to U.S. Route 27, with over 36,700 vehicles per day, and I-275, with over 82,000 vehicles per day, from Springdale Road. The property contains 27,299 square feet.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Cincinnati
County
Clermont
State
Ohio
Longitude
-84.5818
Latitude
39.2566193

FAQs

What type of property is this?
Strip mall - Anchored by Dollar General, this center offers stable income.
Where is this strip mall located?
The property is located at 3100-3130 Springdale Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $2,730,000.
What are key features of this property?
This property features: - 100% Occupied Neighborhood Center anchored by Dollar General (S&P BBB/Moody’s Baa3); - Attractive 8.00% CAP Rate with Low $100/S.F. Asking Price; - Significant Upside Potential through replacing below-market tenant and rental increases
More about this property
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