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Retail Space with Lease Extension
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5991 GLENWAY AVE, Cincinnati, OH 45238

Retail space featuring a strong performing store with lease extension.

Property Size2,303 SF
Price / SF$923.36
Days on Market76

Property Features for 5991 GLENWAY AVE

General Information

Standard status Active
Size 2,303 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute NNN
Investment Type Net Lease
Net Operating Income $111,643

Building Details

Year Built 2008
Tenancy Single
Listing Agency: Marcus & Millichap
Listed By: Reid Thedford · License #FL SL3442474
Source: Crexi
Added: May 26 Changed: Aug 7 Last Checked: Aug 8 at 12:40PM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

This retail space, encompassing 2,303 square feet, features a strong performing store. A notable feature is the 20-year lease extension, providing long-term stability. The property also benefits from percentage rent and billboard rent, contributing to its income potential.

Key Highlights

  • 20 Year Lease Extension ensures long term investment.
  • Strong Performing Store, a reliable tenant.
  • Percentage Rent provides upside potential.

Property Analytics

Current Use

Dunkin' Cafe & Coffee Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Garden Center Electrical Service Kitchen & Bath Showroom

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

1,048
Businesses Nearby

Demographics for 45238, OH

46,864
Population
21,834
Households
2.1
Avg Household Size
37
Median Age
27%
College-Educated
91%
High-School Grad
10.3 sq mi
ZIP Area
4,550
Density / Sq Mi
$64,672
Median Household Income
$40,043
Median Earnings
$913
Median Rent
$168,800
Median Home Value

Market

Vacancy Rate% for Retail in Cincinnati, OH

7.1% 2019
6.8% 2020
6.1% 2021
6% 2022
5.3% 2023
5.3% 2024
5.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space featuring a strong performing store with lease extension.
Where is this retail space located?
The property is located at 5991 GLENWAY AVE Cincinnati, OH.
What is the asking price?
The asking price for this property is $2,126,500.
What are key features of this property?
This property features: 20 Year Lease Extension ensures long term investment.; Strong Performing Store, a reliable tenant.; Percentage Rent provides upside potential.
(813) 387-4700 Call to check price and availability
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