Listing Agency: CBRE - Cincinnati s***@cbre.com Show Phone

Listed By: Scott Yards, CCIM Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 17 Last Checked: Aug 21 at 11:56AM

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Investment Insights

Based on property information with market context.

This commercial real estate offers office space for rent. The property is an office building with a total size of 42,028 square feet.

Key Highlights

• 42,028 square feet available for lease.

Property Analytics

Property Profile

Current Use

Hood Container Marketing & Advertising Rapid Dumpster Rental Car Dealership GoEngineer - Cincinnati (Bike/Boat/Book/etc) Store Vhancod Government Office SMP design Architect

Suggested Use

Top Pick Restaurant Hair Salon Law Firm Auto Repair Shop Nail Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.03 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

391

Businesses Nearby

Explore this area Business Placement

Demographics for 45249, OH

14,005

Population

5,740

Households

2.4

Avg Household Size

40

Median Age

71%

College-Educated

97%

High-School Grad

6.8 sq mi

ZIP Area

2,060

Density / Sq Mi

$107,227

Median Household Income

$68,477

Median Earnings

$1,476

Median Rent

$484,500

Median Home Value

Market

Lease Benchmarks for Cincinnati, OH

$14.37 /SF/Yr

Avg Asking Price

$8.75–$20.75 /SF/Yr

Price Range

36,744 SF

Avg Space Size

This space is priced 6% below the average of $14.37 /SF/Yr.

Vacancy Rate% for Office in Cincinnati, OH

18% 2019

19.1% 2020

21.4% 2021

23.3% 2022

25.4% 2023

26.1% 2024

25.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Office building with 42,028 square feet available for lease.

Where is this office building located?

The property is located at 11500 NORTHLAKE DRIVE Cincinnati, OH.

What is the lease rate?

The lease rate is $13.50 SF/Yr.

What are key features of this property?

This property features: 42,028 square feet available for lease.