Retail Building on Montgomery Road

9689 Montgomery Rd, Cincinnati, OH

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For Sale

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Single tenant building with high visibility and accessibility.

Type:RETAIL

Property size:

7,730 SF

Lot size:

0.57 Acres

Price / SF:

$194/SF

HighLights

Superb location along the Montgomery Road retail corridor.
High visibility and sight lines.
Excellent accessibility.
Single tenant building.
High barrier to entry.
Fantastic property.

We can help!

Listing Contact

Spencer Kron

Learn more

For Sale

Contact for pricing

Single tenant building with high visibility and accessibility.

Type:RETAIL

Property size:

7,730 SF

Lot size:

0.57 Acres

Price / SF:

$194/SF

Added:: Dec 1, 2020
Days on Market:: 2028
Last Refresh:: May 20 at 10:03 pm

Property Features for 9689 Montgomery Rd

General Information

Standard status: Active
Size: 7,730 SF
Lot size: 0.57 Acres
Property subtype: RETAIL

Properties For Sale

at 9689 Montgomery Rd Contact us

We can help!

Listing Contact

Spencer Kron

Listing agent Spencer Kron

Listing office Sudbrack | Kron Commercial Real Estate Services

Listing date Dec 1, 2020

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 Sudbrack | Kron Commercial Real Estate Services

HighLights

Superb location along the Montgomery Road retail corridor.
High visibility and sight lines.
Excellent accessibility.
Single tenant building.
High barrier to entry.
Fantastic property.

Overview

This single-tenant building is situated in Montgomery along the Montgomery Road retail corridor. The property offers a superb location with high visibility, clear sight lines, and easy accessibility. The property size is 7,730 square feet.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$139.1k	$18.00
− Vacancy	−$11.8k	−$1.53
EGI	$127.3k	$16.47
− OpEx	−$38.2k	−$4.94
NOI	$89.1k	$11.53

7,730 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.27M

$1.11M – $1.49M (±1% cap)

NOI $89,119 @ 7.0% cap · market cap 5.94%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.54M

$1.34M – $1.79M (±1% cap)

NOI $107,563 @ 7.0% cap · market cap 7.17%

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

Location Intelligence

Current Use by Public Records

VISUAL COMFORT & Co. (Bike/Boat/Book/etc) Store Visual Comfort & Co. ... (Bike/Boat/Book/etc) Store

Suggested Use

Similar Places Nearby

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Robin Wood Flowers — 1902 Dana Ave, Cincinnati, OH 45207
Cincinnati's Floral Expert — 2010 Madison Rd, Cincinnati, OH 45208

Location Insight

Map
Local Demand

City: Cincinnati
County: Clermont
State: Ohio
Longitude: -84.3525
Latitude: 39.2323

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What type of property is this?

Storefront property - Single tenant building with high visibility and accessibility.

Where is this storefront property located?

The property is located at 9689 Montgomery Rd Cincinnati, OH.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Superb location along the Montgomery Road retail corridor.; High visibility and sight lines.; Excellent accessibility.

9689 Montgomery Rd, Cincinnati, OH

Single tenant building with high visibility and accessibility.

Property Features for 9689 Montgomery Rd

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Flex Office and Warehouse Facility

Office Building with Private Parking

Office Complex with Triple-Net Tenants

Office/Warehouse Building

Two-Story Retail Building with Dollar General

Turnkey Boat & RV Storage

Oakley Triplex Investment Opportunity

Renovated Quadplex with Mix

Italianate Duplex with Separate Utilities

Brick Mixed-Use Triplex Building

Brick Mixed-Use Triplex Building

Mixed-Use Investment in Walnut Hills

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