Leased Industrial Building Near
2860 Cooper Rd Cincinnati, OH
2860 Cooper Rd, Cincinnati, OH, 00000
Contact for pricing
For Sale
Contact for pricing
Three-tenant industrial building 100% leased until 2027, near major highways.
Property Size16,367 SF
Lot Size2.02 Acres
Price / SF$103.87
Days on Market531
Property Features for 2860 Cooper Rd
General Information
- Standard status
- Active
- Size
- 16,367 SF
- Lot size
- 2.02 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Colliers | Cincinnati
(513) 235-4543
Listed by
Jeffrey Kroeger · License #OH SAL.2019003480
(513) 235-4543
Source
Moodyscre
Added: Feb 4, 2025 Checked: Jul 19 at 4:21 am
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 Colliers | Cincinnati
Investment Insights
Based on property information with market context.
This 16,367-square-foot industrial building is located in the Village of Evendale, with convenient access to I-75, I-275, I-71, and Ronald Reagan Highway. The building is fully leased to three tenants, with all leases expiring in 2027. The property is in good condition and features a versatile floor plan.
Key Highlights
- 100% Leased: Provides immediate income stream
- Prime Location: Minutes from major highways I‑75, I‑275, I‑71, and Ronald Reagan Highway
- All Leases Expire in 2027: Offers future flexibility
Local Financial Insights For Flex RnD
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 | $235.7k | $14.40 |
| − Vacancy | −$16.5k | −$1.01 |
| EGI | $219.2k | $13.39 |
| − OpEx | −$76.7k | −$4.69 |
| NOI | $142.5k | $8.70 |
16,367 SF · lease $14.40/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.04M
$1.78M – $2.37M
NOI $142,471 @ 7.0% cap · market cap 8.38%
Second Best
Warehouse
$1.37M
$1.20M – $1.60M
NOI $95,742 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$3.25M
$2.85M – $3.80M
NOI $227,747 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cincinnati Bridge Association
Association / Organization
It's A New Day ...
Tutoring Service
Rehab Medical of Cincinnati
Medical Supply Store
Quality Composites
Big Box & Wholesale Store
Coating Application Inc
Powder Coating Service
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FAQs
What type of property is this?
Flex space - Three-tenant industrial building 100% leased until 2027, near major highways.
Where is this flex space located?
The property is located at 2860 Cooper Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 100% Leased: Provides immediate income stream; Prime Location: Minutes from major highways I‑75, I‑275, I‑71, and Ronald Reagan Highway; All Leases Expire in 2027: Offers future flexibility
