Retail Storefront Shopping
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9336 Colerain Ave, Cincinnati, OH 45251
Shopping center storefront space with open north and south ingress and egress on Colerain Avenue.
Property Size9,975 SF
Price / SF$175.44
Days on Market871
Property Features for 9336 Colerain Ave
General Information
Standard status
Active
Size
9,975 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Sudbrack | Kron Commercial Real Estate Services
(513) 271-2460
Listed By:
Chip Sudbrack
(513) 382-8717
Source:
Moodyscre
Added: Jun 11, 2024
Changed: Oct 25
Last Checked: Oct 28 at 10:30AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This shopping center includes multiple retail storefronts and is positioned to support straightforward customer access, with open ingress and egress designed for both northbound and southbound traffic along Colerain Avenue. Tenant occupancy includes Wingstop, FusaBowl, Acute Hearing, and Art By Fire.
The site is marketed for strong visibility and convenient directional access, with entry and exit available from both directions on the avenue.
For buyers seeking an established retail mix within a storefront shopping center format, this property provides an organized tenant lineup and a layout geared toward easy flow on and off the site.
The site is marketed for strong visibility and convenient directional access, with entry and exit available from both directions on the avenue.
For buyers seeking an established retail mix within a storefront shopping center format, this property provides an organized tenant lineup and a layout geared toward easy flow on and off the site.
Key Highlights
- Shopping center storefront space with open north and south ingress and egress on Colerain Avenue
- Tenant lineup includes Wingstop, FusaBowl, Acute Hearing, and Art by Fire
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,002
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,300,040
$2.3M
Cap Rate 7%
$1,642,886
$1.6M
Cap Rate 9%
$1,277,800
$1.3M
Market Conditions
NOI Build-Up for 9,975 SF
Gross rent
$179.6K $18.00/SF
− Vacancy
−$15.3K −$1.53/SF
EGI
$164.3K $16.47/SF
− OpEx
−$49.3K −$4.94/SF
NOI
$115.0K $11.53/SF
Area
Cincinnati, OH
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,300,040
Cap Rate 7%
$1,642,886
Cap Rate 9%
$1,277,800
Alternative Uses
Best Use
Retail
$1.64M
$1.44M – $1.92M
NOI $115,002 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.98M
$1.74M – $2.31M
NOI $138,802 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 45251, OH
22,073
Population
8,592
Households
2.6
Avg Household Size
39
Median Age
25%
College-Educated
91%
High-School Grad
11.9 sq mi
ZIP Area
1,855
Density / Sq Mi
$75,620
Median Household Income
$42,179
Median Earnings
$1,193
Median Rent
$175,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Cincinnati, OH
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Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center storefront space with open north and south ingress and egress on Colerain Avenue.
Where is this shopping center located?
The property is located at 9336 Colerain Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Shopping center storefront space with open north and south ingress and egress on Colerain Avenue; Tenant lineup includes Wingstop, FusaBowl, Acute Hearing, and Art by Fire
