Listing Agency: Marcus & Millichap - Columbus

Listed By: Craig Fuller · License #OH 2008001551

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:25PM

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Investment Insights

Based on property information with market context.

This 24,768-square-foot retail property at 2310 Buttermilk Crossing is occupied by Northern Tool + Equipment. The asset is subject to a new 10-year NNN lease, providing a defined lease structure for the property.

The Crescent Springs, Kentucky address places the retail space within the Northern Kentucky market. The offering reflects a 6.25% cap rate.

Key Highlights

• 24,768 SF retail property
• Northern Tool + Equipment occupancy
• New 10‑year NNN lease

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Garden Center Storage Facility Parking Lot & Garage Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

1,036

Businesses Nearby

Explore this area Business Placement

Demographics for 41017, KY

40,333

Population

16,569

Households

2.4

Avg Household Size

40

Median Age

48%

College-Educated

97%

High-School Grad

21.2 sq mi

ZIP Area

1,903

Density / Sq Mi

$100,645

Median Household Income

$51,808

Median Earnings

$985

Median Rent

$278,100

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property leased to Northern Tool + Equipment under a new NNN lease.

Where is this retail space located?

The property is located at 2310 Buttermilk Crossing Crescent Springs, KY.

What are key features of this property?

This property features: 24,768 SF retail property; Northern Tool + Equipment occupancy; New 10‑year NNN lease