Net-Leased Office
5134 Cedar Village Dr Mason, OH 45040
5134 Cedar Village Dr, Mason, OH, 45040
Contact for pricing
For Sale
Contact for pricing
1,296 SF office unit offered for sale with a 5-year net lease generating $37,200 annually.
Property Size1,296 SF
Price / SF$227.62
Days on Market120
Property Features for 5134 Cedar Village Dr
General Information
- Standard status
- Active
- Size
- 1,296 SF
- Property subtype
- Office
Listing agency
NAI Bergman
(513) 377-0440
Listed by
Ryan Van Dulman · License #SAL.2023000419
Source
Crexi
Added: Mar 25 Updated: Jul 22 at 11:12AM Checked: Jul 22 at 11:12AM
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 NAI Bergman
Investment Insights
Based on property information with market context.
This offering includes a 1,296 SF office unit under a 5-year net lease with annual rent of $37,200. The property is described as a newer addition to the market.
Located at 5134 Cedar Village Drive in Mason, Ohio, the unit is presented as an income-producing office asset with an established tenant in place.
The transaction is for sale, and the lease is structured as a net lease for the 5-year term.
Located at 5134 Cedar Village Drive in Mason, Ohio, the unit is presented as an income-producing office asset with an established tenant in place.
The transaction is for sale, and the lease is structured as a net lease for the 5-year term.
Key Highlights
- 1,296 SF office unit for sale
- 5‑year net lease in place with established tenant
- Lease income of $37,200 annually
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.6k | $18.96 |
| − Vacancy | −$2.2k | −$1.71 |
| EGI | $22.4k | $17.25 |
| − OpEx | −$5.6k | −$4.31 |
| NOI | $16.8k | $12.94 |
1,296 SF · lease $18.96/SF/yr · vacancy 9.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$239.6K
$209.6K – $279.5K
NOI $16,770 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$289.5K
$253.3K – $337.7K
NOI $20,264 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Schultz Jan K
Counselor
Patton Brenda S
Foster Care Service
Concodora Jacqueline
Counselor
Evelyn B. Peckskamp, ...
Counselor
Mason Family Counseling
Family Counselor
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FAQs
What type of property is this?
Office units - 1,296 SF office unit offered for sale with a 5-year net lease generating $37,200 annually.
Where is this office units located?
The property is located at 5134 Cedar Village Dr Mason, OH.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,296 SF office unit for sale; 5‑year net lease in place with established tenant; Lease income of $37,200 annually
