Triple-Net Office
1251 Nilles Road Units 4 & 5 Fairfield, OH 45014
1251 Nilles Road Units 4 & 5, Fairfield, OH, 45014
$695,000
For Sale
$695,000
Two-office suites in Clock Tower Office Complex with long-term tenant; annual net income $76,430.
Days on Market69
Property Features for 1251 Nilles Road Units 4 & 5
General Information
- Standard status
- Active
- Property subtype
- Office - General Office
Listing agency
NAI Bergman
(513) 608-4932
Listed by
Thomas Zipperstein
Source
Commercialcafe
Added: May 14 Updated: Jul 21 at 12:00AM Checked: Jul 21 at 3:29AM
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Investment Insights
Based on property information with market context.
This true triple-net (NNN) investment offers office space configured across Units 4 and 5 within the Clock Tower Office Complex. The property features a long-standing tenant relationship, with the current tenant occupying the location for 20 years and renewing for an additional six-year term. The tenant operates the site as headquarters for a 12-location Ohio operation.
The property is located in the City of Fairfield, Butler County, Ohio at the intersection of Nilles Road and Winton Road. Access is available via State Route 4 (northbound), with a left turn onto Nilles Road. Fairfield sits along the northern loop of I-275, with direct interstate access via State Route 4, connecting to I-275, I-75, I-71, and I-74.
The offering is described as generating $76,430 in annual net income at a near 11% cap rate, reflecting a combination of yield and tenant stability.
The property is located in the City of Fairfield, Butler County, Ohio at the intersection of Nilles Road and Winton Road. Access is available via State Route 4 (northbound), with a left turn onto Nilles Road. Fairfield sits along the northern loop of I-275, with direct interstate access via State Route 4, connecting to I-275, I-75, I-71, and I-74.
The offering is described as generating $76,430 in annual net income at a near 11% cap rate, reflecting a combination of yield and tenant stability.
Key Highlights
- True triple‑net (NNN) investment in the Clock Tower Office Complex in Fairfield, OH
- Annual net income: $76,430 at a near 11% cap rate
- Tenant occupied the location for 20 years and renewed for an additional 6‑year term
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
NNN property - Two-office suites in Clock Tower Office Complex with long-term tenant; annual net income $76,430.
Where is this nnn property located?
The property is located at 1251 Nilles Road Units 4 & 5 Fairfield, OH.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: True triple‑net (NNN) investment in the Clock Tower Office Complex in Fairfield, OH; Annual net income: $76,430 at a near 11% cap rate; Tenant occupied the location for 20 years and renewed for an additional 6‑year term