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    Restaurant Space with Outdoor Deck Title is generated by Realmo AI

    12185 Springfield Pike, Cincinnati, OH

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    Equipped restaurant space with outdoor seating and ample parking.

    Type:RETAIL
    Property size:
    10,000 SF
    Lot size:
    3.01 Acres
    Price / SF:
    $259/SF
    Added:
    Nov 24, 2025
    Days on Market:
    198
    Last Refresh:
    May 20 at 8:08 pm

    Property Features for 12185 Springfield Pike

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Lot size
    3.01 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 12185 Springfield Pike Contact us

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    Listing Contact
    Rob Murphy

    Listing agent Rob Murphy

    Listing office Cushman & Wakefield | Cincinnati

    Listing date Nov 24, 2025

    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 Cushman & Wakefield | Cincinnati

    HighLights

    • Fully Equipped 10,000 SF Restaurant Space
    • Enjoy the Outdoor Deck with Seating
    • Benefit from Over 100 Parking Spaces
    • High daytime population (164,000+ within 5 miles)
    • Located at intersection of Route 4 & W Crescentville Rd
    • Traffic Volume: 40,000+ Vehicles Per Day

    Overview

    This 10,000-square-foot restaurant space is fully equipped and features an outdoor deck with seating. The property has over 100 parking spaces. It is situated at the intersection of Route 4 and W Crescentville Rd, which sees over 40,000 vehicles per day. The location benefits from a high daytime population, with over 164,000 people within a 5-mile radius. The intended use of this property is for a restaurant.

    Local Financial Insights For Specialty 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 $192.0k $19.20
    − Vacancy −$13.4k −$1.34
    EGI $178.6k $17.86
    − OpEx −$44.6k −$4.46
    NOI $133.9k $13.39
    10,000 SF · lease $19.20/SF/yr · vacancy 7.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.91M
    $1.67M – $2.23M (±1% cap)
    NOI $133,920 @ 7.0% cap · market cap 5.15%
    Second Best
    Retail
    $1.65M
    $1.44M – $1.92M (±1% cap)
    NOI $115,290 @ 7.0% cap · market cap 4.44%
    Theoretical Best
    Office A
    $1.99M
    $1.74M – $2.32M (±1% cap)
    NOI $139,150 @ 7.0% cap · market cap 5.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hooters Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.4863
    Latitude
    39.3017

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    FAQs

    What type of property is this?
    Restaurant - Equipped restaurant space with outdoor seating and ample parking.
    Where is this restaurant located?
    The property is located at 12185 Springfield Pike Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $2,599,000.
    What are key features of this property?
    This property features: Fully Equipped 10,000 SF Restaurant Space; Enjoy the Outdoor Deck with Seating; Benefit from Over 100 Parking Spaces
    (513) 763-3033 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rob Murphy
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