Open Floorplan Class B+
4460 Carver Woods Dr, Blue Ash, OH 45242
For Sale
Contact for pricing
Class B+ office with an open, bright layout, offered with NNN and OPEX terms for tenant budgeting.
Property Size6,584 SF
Days on Market209
Property Features for 4460 Carver Woods Dr
General Information
Standard status
Size
Listing Agency:
Sibcy Cline, Inc.
(513) 793-2121
Listed By:
Nat Comisar · License #OH SAL.2006000748
(513) 378-5801
Source:
Exprealty
Added: Apr 13
Changed: Nov 1
Last Checked: Nov 6 at 11:35AM
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 Sibcy Cline, Inc.
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Investment Insights
Based on property information with market context.
This Class B+ office space is offered for lease with 6,584 square feet and an open, bright floorplan designed to support flexible workspace planning. The space is configured as an office environment rather than specialized buildout, giving occupiers room to arrange workstations, meeting space, and related functions according to their needs.
The property is located at 4460 Carver Woods Dr in Blue Ash, Ohio. It is positioned as a dedicated office offering, with terms presented on a NNN basis and operating expenses listed separately.
From a tenant fit standpoint, the open and bright layout is well-suited to professional teams that value a straightforward interior configuration and visibility in day-to-day operations. The lease economics are clearly communicated through the stated asking rate on an NNN basis and OPEX of $5.55 per square foot, which can help simplify underwriting and budgeting for prospective users. Brokers and tenants can review the floorplan and room arrangement during due diligence to confirm suitability for staffing levels and workflow requirements.
The property is located at 4460 Carver Woods Dr in Blue Ash, Ohio. It is positioned as a dedicated office offering, with terms presented on a NNN basis and operating expenses listed separately.
From a tenant fit standpoint, the open and bright layout is well-suited to professional teams that value a straightforward interior configuration and visibility in day-to-day operations. The lease economics are clearly communicated through the stated asking rate on an NNN basis and OPEX of $5.55 per square foot, which can help simplify underwriting and budgeting for prospective users. Brokers and tenants can review the floorplan and room arrangement during due diligence to confirm suitability for staffing levels and workflow requirements.
Key Highlights
- 6584 SF Class B+ office space for lease
- Open and bright floorplan
- Asking $9.50 per SF NNN
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,970
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,239,400
$1.2M
Cap Rate 7%
$885,286
$885.3K
Cap Rate 9%
$688,556
$688.6K
Market Conditions
NOI Build-Up for 6,584 SF
Gross rent
$110.6K $16.80/SF
− Vacancy
−$28.0K −$4.25/SF
EGI
$82.6K $12.55/SF
− OpEx
−$20.7K −$3.14/SF
NOI
$62.0K $9.41/SF
Area
Hamilton County, OH
Vacancy
25.30%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,239,400
Cap Rate 7%
$885,286
Cap Rate 9%
$688,556
Alternative Uses
Best Use
Office B
$885.3K
$774.6K – $1.03M
NOI $61,970 @ 7.0% cap · market cap 6,197,000.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,627 @ 7.0% cap · market cap 8,262,700.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,092
Businesses Nearby
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Business Placement
Demographics for 45242, OH
23,214
Population
9,587
Households
2.4
Avg Household Size
42
Median Age
70%
College-Educated
98%
High-School Grad
13.6 sq mi
ZIP Area
1,707
Density / Sq Mi
$120,869
Median Household Income
$74,505
Median Earnings
$1,781
Median Rent
$421,200
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Hamilton County, OH
Properties on Market for Office buildings in Hamilton County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Class B+ office with an open, bright layout, offered with NNN and OPEX terms for tenant budgeting.
Where is this office building located?
The property is located at 4460 Carver Woods Dr Blue Ash, OH.
What are key features of this property?
This property features: 6584 SF Class B+ office space for lease; Open and bright floorplan; Asking $9.50 per SF NNN
