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1450-1496 S Erie Blvd Hamilton, OH

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For Sale
$2,350,000

Fully leased strip center with long-term tenants and ground lease.

Lot size:
10.14 Acres

Property Features for 1450-1496 S Erie Blvd

General Information

Lot size
10.14 Acres

Source: Sands Investment Group (SIG) | Fort Lauderdale Agent Daniel Hoogesteger

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


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

Strip malls

Suggested Use

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

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

Similar Places Nearby

Champion East Shopping Center

Location Insight

  • Map
  • Local Demand
City
Hamilton
County
Butler
State
Ohio
Longitude
-84.5613355
Latitude
39.3995008

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).
More about this property
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