Flex Space with Broadway
For Sale
Contact for pricing
535 N Broadway St, Lebanon, OH 45036
The adaptable space offers high ceilings, natural light, fascia signage, and ample parking.
Property Size1,500 SF
Days on Market87
Property Features for 535 N Broadway St
General Information
Standard status
Active
Size
1,500 SF
Amenities
high ceilings
lots of natural light
building fascia signage available
Building Details
Tenancy
Multi
Listing Agency:
North Ridge Realty Group
(513) 860-5050
Listed By:
Marshall T Stretch · License #2019006171
(513) 504-8232
Source:
Exprealty
Added: Aug 10
Changed: Nov 3
Last Checked: Nov 3 at 5:35AM
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 North Ridge Realty Group
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Investment Insights
Based on property information with market context.
This 1,500-square-foot flex space has high ceilings and abundant natural light. Its interior can be reconfigured, and building fascia signage is available. The property also includes ample parking.
The space fronts N. Broadway Street (SR 48) at 535 N Broadway St in Lebanon, Ohio. Co-tenants are Script Coffee and Matthew 18 Ministries. Occupancy is scheduled for 12/1/26.
The space fronts N. Broadway Street (SR 48) at 535 N Broadway St in Lebanon, Ohio. Co-tenants are Script Coffee and Matthew 18 Ministries. Occupancy is scheduled for 12/1/26.
Key Highlights
- 1,500 SF of office, retail, or flex space
- N. Broadway Street (SR 48) frontage
- Interior can be reconfigured; high ceilings and natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,679
Suggested Prices Based on Cap Rates
Cap Rate 5%
$113,580
$113.6K
Cap Rate 7%
$81,129
$81.1K
Cap Rate 9%
$63,100
$63.1K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$9.5K $6.36/SF
− Vacancy
−$803 −$0.54/SF
EGI
$8.7K $5.82/SF
− OpEx
−$3.1K −$2.04/SF
NOI
$5.7K $3.79/SF
Area
Warren County, OH
Vacancy
8.42%
Lease Rate
$6.36 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$113,580
Cap Rate 7%
$81,129
Cap Rate 9%
$63,100
Alternative Uses
Best Use
Retail
$209.2K
$183.1K – $244.1K
NOI $14,647 @ 7.0% cap · market cap 1,464,700.00%
Second Best
Industrial
$88.1K
$77.1K – $102.7K
NOI $6,164 @ 7.0% cap · market cap 616,400.00%
Theoretical Best
Office A
$335.0K
$293.2K – $390.9K
NOI $23,453 @ 7.0% cap · market cap 2,345,300.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45036, OH
41,060
Population
15,036
Households
2.7
Avg Household Size
39
Median Age
32%
College-Educated
92%
High-School Grad
81.2 sq mi
ZIP Area
506
Density / Sq Mi
$97,944
Median Household Income
$51,565
Median Earnings
$1,090
Median Rent
$317,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Watkins Catering — 8 s mechanic st, lebanon, oh 45036
- Jasmine Catering
Frequently Asked Questions
What type of property is this?
Flex space - The adaptable space offers high ceilings, natural light, fascia signage, and ample parking.
Where is this flex space located?
The property is located at 535 N Broadway St Lebanon, OH.
What are key features of this property?
This property features: 1,500 SF of office, retail, or flex space; N. Broadway Street (SR 48) frontage; Interior can be reconfigured; high ceilings and natural light
