The Mannino Mixed-Use
For Sale
Contact for pricing
6011 Madison Rd, Cincinnati, OH 45227
Newly constructed, fully leased mixed-use property with a named NNN anchor tenant and established tax incentives.
Property Size16,025 SF
Price / SF$184.09
Days on Market144
Property Features for 6011 Madison Rd
General Information
Standard status
Active
Size
16,025 SF
Class
A
Total Parking Spaces
12
Property subtype
Mixed Use, Multifamily, Retail
Zoning
As used
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$206,500
Additional Details
Opportunity Zone
Yes
Building Details
Year Renovated
2024
Stories
3
Units
7
Tenancy
Multi
Listing Agency:
Lou Park Realty
Listed By:
Peter Craft · License #OH
(513) 505-9100
Source:
Crexi
Added: May 27
Changed: Oct 10
Last Checked: Oct 16 at 7:58AM
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 Lou Park Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Mannino Building is a 16,025-square-foot mixed-use property at 6011 Madison Rd in Madisonville, Ohio. The building is newly constructed and fully leased, with Dance Factory Fitness identified as the NNN anchor tenant. The property is located along Madison Road, within the stated revitalizing corridor.
Additional property attributes include LEED Silver designation, a CRA 15-year tax abatement, and inclusion in a Qualified Opportunity Zone. Zoning is identified as “As used.” Together, these details define a newly built, occupied mixed-use asset with documented environmental, tax, and investment-zone designations.
Additional property attributes include LEED Silver designation, a CRA 15-year tax abatement, and inclusion in a Qualified Opportunity Zone. Zoning is identified as “As used.” Together, these details define a newly built, occupied mixed-use asset with documented environmental, tax, and investment-zone designations.
Key Highlights
- 16,025‑square‑foot mixed‑use property at 6011 Madison Rd, Madisonville, OH 45227
- Fully leased asset with Dance Factory Fitness as the NNN anchor tenant
- Brand new construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$194,704
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,894,080
$3.9M
Cap Rate 7%
$2,781,486
$2.8M
Cap Rate 9%
$2,163,378
$2.2M
Market Conditions
NOI Build-Up for 16,025 SF
Gross rent
$346.1K $21.60/SF
− Vacancy
−$34.6K −$2.16/SF
EGI
$311.5K $19.44/SF
− OpEx
−$116.8K −$7.29/SF
NOI
$194.7K $12.15/SF
Area
Cincinnati, OH
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,894,080
Cap Rate 7%
$2,781,486
Cap Rate 9%
$2,163,378
Alternative Uses
Best Use
Mixed Use
$2.78M
$2.43M – $3.25M
NOI $194,704 @ 7.0% cap · market cap 6.60%
Second Best
Retail
$2.64M
$2.31M – $3.08M
NOI $184,752 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$3.19M
$2.79M – $3.72M
NOI $222,988 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
Explore this area
Business Placement
Demographics for 45227, OH
18,427
Population
9,425
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
94%
High-School Grad
5.8 sq mi
ZIP Area
3,177
Density / Sq Mi
$70,614
Median Household Income
$50,011
Median Earnings
$1,220
Median Rent
$256,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Newly constructed, fully leased mixed-use property with a named NNN anchor tenant and established tax incentives.
Where is this mixed-use property located?
The property is located at 6011 Madison Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 16,025‑square‑foot mixed‑use property at 6011 Madison Rd, Madisonville, OH 45227; Fully leased asset with Dance Factory Fitness as the NNN anchor tenant; Brand new construction
