NNN Cannabis
For Sale
Contact for pricing
5431 Ridge Ave, Cincinnati, OH 45213
Medical cannabis dispensary with a long-term NNN lease and expansion pad.
Property SizeContact for details
Days on Market143
Property Features for 5431 Ridge Ave
General Information
Standard status
Active
Property subtype
Mixed Use, Retail
Listing Agency:
AMGKY
Listed By:
Chase Davis · License #KY259964
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 6:08PM
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 AMGKY
Investment Insights
Based on property information with market context.
Completed in summer 2019, the property is a purpose-built medical cannabis dispensary with 5,400 square feet of space and high-end construction finishes. The offering includes the dispensary building and an adjacent build-ready pad site within the same outparcel.
The property sits at a signalized intersection on Ridge Avenue, less than one mile from I-71. It is one of three licensed cannabis dispensaries in Cincinnati, according to the provided property information.
The existing facility is subject to a cross-guaranteed NNN lease with a 10-year initial term, two 5-year renewal options, and a 2.5% annual rent escalation beginning in year 2. The seller will package the full 2.1-acre outparcel, including the additional pad site.
The property sits at a signalized intersection on Ridge Avenue, less than one mile from I-71. It is one of three licensed cannabis dispensaries in Cincinnati, according to the provided property information.
The existing facility is subject to a cross-guaranteed NNN lease with a 10-year initial term, two 5-year renewal options, and a 2.5% annual rent escalation beginning in year 2. The seller will package the full 2.1-acre outparcel, including the additional pad site.
Key Highlights
- 5,400 SF medical cannabis dispensary completed in summer 2019
- Cross‑guaranteed NNN lease with a 10‑year initial term
- Two 5‑year renewal options and 2.5% annual escalation beginning in year 2
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Explore this area
Business Placement
Demographics for 45213, OH
12,052
Population
5,844
Households
2.1
Avg Household Size
38
Median Age
55%
College-Educated
94%
High-School Grad
3.1 sq mi
ZIP Area
3,888
Density / Sq Mi
$70,897
Median Household Income
$54,650
Median Earnings
$929
Median Rent
$259,300
Median Home Value
Market
Vacancy Rate% for Retail in Cincinnati, OH
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Frequently Asked Questions
What type of property is this?
Cannabis property - Medical cannabis dispensary with a long-term NNN lease and expansion pad.
Where is this cannabis property located?
The property is located at 5431 Ridge Ave Cincinnati, OH.
What are key features of this property?
This property features: 5,400 SF medical cannabis dispensary completed in summer 2019; Cross‑guaranteed NNN lease with a 10‑year initial term; Two 5‑year renewal options and 2.5% annual escalation beginning in year 2
