Flex Office and
60 Overbrook Drive Monroe, OH 45050
60 Overbrook Drive, Monroe, OH, 45050
$3,399,000
For Sale
$3,399,000
COMMERCIAL - Monroe, OH
Property Size20,534 SF
Lot Size2.17 Acres
Price / SF$165.53
Days on Market462
Property Features for 60 Overbrook Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Exterior features
- Lights
- Standard status
- Active
- APN
- C1800-005.000-091
- Size
- 20,534 SF
- Lot size
- 2.17 Acres
Utilities
- Heating system
- Central
Building Details
- Year built
- 2005
- Flooring type
- Carpet
Listing agency
eXp Realty
(216) 242-2322
Listed by
Luana King
(866) 212-4991
Added: Apr 16, 2025 Updated: Jul 17 at 5:13AM Checked: Jul 21 at 9:06PM
MLS# 1839007
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2005, this flex-style commercial property combines open-concept office space with a climate-controlled warehouse. The office area totals 15,599 SF and includes 21 private offices, four conference rooms, two large main rooms, a breakroom, and a media/computer room. A 4,935 SF warehouse portion is served by two loading docks and features high ceilings.
The property is located in Monroe, Ohio, and is described as minutes from I-75. The setting is characterized as a high-traffic area near Cincinnati Premium Outlets, Miami Valley Gaming, and major retailers, supporting a convenient customer and delivery access profile.
Generator-backed power is a standout feature, with three industrial-grade generators. The site is zoned commercial and offers ample parking, designed for flexible use and immediate occupancy.
The property is located in Monroe, Ohio, and is described as minutes from I-75. The setting is characterized as a high-traffic area near Cincinnati Premium Outlets, Miami Valley Gaming, and major retailers, supporting a convenient customer and delivery access profile.
Generator-backed power is a standout feature, with three industrial-grade generators. The site is zoned commercial and offers ample parking, designed for flexible use and immediate occupancy.
Key Highlights
- 20,534 SF multi‑use commercial building on 2.1678 acres in Monroe, OH
- Office space totals 15,599 SF with 21 private offices, 4 conference rooms, breakroom, and media/computer room
- 4,935 SF climate‑controlled warehouse with 2 loading docks and high ceilings
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 | $421.4k | $20.52 |
| − Vacancy | −$109.6k | −$5.34 |
| EGI | $311.8k | $15.18 |
| − OpEx | −$78.0k | −$3.80 |
| NOI | $233.9k | $11.39 |
20,534 SF · lease $20.52/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.34M
$2.92M – $3.90M
NOI $233,854 @ 7.0% cap · market cap 6.88%
Second Best
Warehouse
$2.24M
$1.96M – $2.61M
NOI $156,834 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$4.06M
$3.55M – $4.74M
NOI $284,199 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Owner-user or investment property with office buildout, climate-controlled warehouse, two loading docks, and industrial-grade generator power.
Where is this flex space located?
The property is located at 60 Overbrook Drive Monroe, OH.
What is the asking price?
The asking price for this property is $3,399,000.
What are key features of this property?
This property features: 20,534 SF multi‑use commercial building on 2.1678 acres in Monroe, OH; Office space totals 15,599 SF with 21 private offices, 4 conference rooms, breakroom, and media/computer room; 4,935 SF climate‑controlled warehouse with 2 loading docks and high ceilings
