5555 Glenway Ave, Cincinnati, OH
Retail property for sale on Glenway Avenue.
- Added:
- Dec 3, 2024
- Days on Market:
- 552
- Last Refresh:
- May 20 at 9:06 pm
Property Features for 5555 Glenway Ave
General Information
- Standard status
- Active
- Size
- 127,645 SF
- Lot size
- 6.56 Acres
- Property subtype
- RETAIL
Listing agent Ryan Rodger
Listing office United Properties Corp. (516) 223-6200
Listing date Dec 3, 2024
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 United Properties Corp.
HighLights
- Retail property for sale
- Located on Glenway Avenue
Overview
Local Financial Insights For Retail
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 | $2.30M | $18.00 |
| − Vacancy | −$195.3k | −$1.53 |
| EGI | $2.10M | $16.47 |
| − OpEx | −$630.7k | −$4.94 |
| NOI | $1.47M | $11.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.6104
- Latitude
- 39.131
