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    605 Race St Cincinnati, OH 45202

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    For Lease
    $25 SF/Yr

    Former build-to-suit Walgreens Pharmacy in Cincinnati for rent.

    Property size:
    18,522 SF
    Lot size:
    0.30 Acres

    Property Features for 605 Race St

    General Information

    Size
    18,522 SF
    Lot size
    0.30 Acres

    Source: Lee & Associates | Cincinnati Agent TC Bartoszek

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

    Overview

    Former Walgreens Pharmacy in Cincinnati

    This property is a former build-to-suit Walgreens Pharmacy located at a hard corner, signalized intersection, offering excellent visibility. It is situated within 3CDC’s new Fountain District. The location is within walking distance of almost $2 billion in redevelopment projects, including 2,600 planned new apartment units (office to residential), 1,200 new hotel rooms (with 800 rooms of new ground-up construction), and a $200 million Duke Energy Convention Center redevelopment. Luxury apartments are located above the property. The property is within easy walking distance to the Duke Energy Convention Center, Paycor Stadium, Great American Ballpark, TQL Stadium, Fountain Square, and The Banks. Additionally, six Fortune 500 headquarters are within walking distance. The property has a size of 18,522 square feet and is suitable for drug stores, individual retail properties, retail properties, and retail space.
    Location Intelligence

    Current Use by Public Records

    Sixth and Race Apartment Complex

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center Clothing Store

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

    Similar Places Nearby

    Walgreens Pharmacy, Omnicare, Omnipotent Nutrition, Omnicare, a CVS Health Company, RLS

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.5151428
    Latitude
    39.1024619

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    FAQs

    What type of property is this?
    Drug store - Former build-to-suit Walgreens Pharmacy in Cincinnati for rent.
    Where is this drug store located?
    The property is located at 605 Race St Cincinnati, OH.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Hard corner, signalized intersection provides excellent visibility.; - Located within 3CDC’s new Fountain District.; - Walk to almost $2 billion in redevelopment projects.
    (513) 588-1840
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    605 Race St Cincinnati, OH 45202
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    Cincinnati, OH 45202
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    Realmo Value Estimation

    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.

    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.

    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
    605 Race St Cincinnati, OH 45202
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