11338 Reading Rd, Cincinnati, OH
2,510 SF retail building in Sharonville with three suites.
- Added:
- Mar 14, 2023
- Days on Market:
- 1189
- Last Refresh:
- May 20 at 9:54 pm
Property Features for 11338 Reading Rd
General Information
- Standard status
- Active
- Size
- 2,510 SF
- Lot size
- 0.45 Acres
- Property subtype
- RETAIL
Listing agent Roddy Jr MacEachen (513) 739-3985
Listing office SqFt Commercial (513) 739-3985
Listing date Mar 14, 2023
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 SqFt Commercial
HighLights
- 2,510 Sqft free‑standing building
- Located in City of Sharonville
- Minutes to I‑71, I‑75, and I‑275
- 325’ of frontage on Reading Rd.
- Currently with three (3) separate suites
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 | $45.2k | $18.00 |
| − Vacancy | −$3.8k | −$1.53 |
| EGI | $41.3k | $16.47 |
| − OpEx | −$12.4k | −$4.94 |
| NOI | $28.9k | $11.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.4108
- Latitude
- 39.277
