1450-1496 S Erie Blvd Hamilton, OH
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Fully leased strip center with long-term tenants and ground lease.
Type:RETAIL
Lot size:
10.14 Acres- Added:
- Apr 8, 2025
- Days on Market:
- 387
- Last Refresh:
- Apr 5 at 9:50 pm
Property Features for 1450-1496 S Erie Blvd
General Information
- Standard status
- Active
- Lot size
- 10.14 Acres
- Property subtype
- RETAIL
Listing agent Daniel Hoogesteger (310) 853-1419
Listing office Sands Investment Group (SIG) | Fort Lauderdale (310) 853-1419
Listing date Apr 8, 2025
Source Moodyscre
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 Sands Investment Group (SIG) | Fort Lauderdale
Overview
Leased Strip Center Near Kroger
The Hamilton Shops Shopping Center is a 100% leased, 6-tenant strip center located at 1476-1496 South Erie Boulevard in Hamilton, OH. The property benefits from a long-term ground lease with 66 years remaining including options, providing long-term security, strong cash flow, and full depreciation benefits. Shadow-anchored by a top-producing Kroger grocery store with 1.3 million visits per year, the property benefits from a strong destination location and customer draw. The center features casual dining, healthcare, and other essential services. Four of the six tenants have operated at the property for over 15 years, demonstrating a long-term operating history and low historical vacancy. The property is located in an affluent trade area with over $95,014 average household income within a 5-mile radius and a densely populated area with over 147,000 residents within a 5-mile radius. Neighboring tenants include Kroger, Chipotle, McDonald’s, Sonic Drive-In, Secure EZ Storage, and Domino’s Pizza.
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Places Nearby
- Champion East Shopping Center — High St, Hamilton, OH 45011
Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Butler
- State
- Ohio
- Longitude
- -84.5613
- Latitude
- 39.3995
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Fully leased strip center with long-term tenants and ground lease.
Where is this shopping center located?
The property is located at 1450-1496 S Erie Blvd Hamilton, OH.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 100% Leased 6‑tenant shopping center providing a steady income stream.; Shadow‑anchored by a top‑performing Kroger location (top 4% nationwide) with 1.3M visits per year.; High yield 8.55% Cap Rate and low cost per square foot ($170 PSF).
