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Liberty Office Park Flex Asset

7102-7116 Office Park Drive West Chester, OH 45069

7102-7116 Office Park Drive, West Chester, OH, 45069
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76,501 SF flex asset near Liberty Center.

Property Size76,501 SF
Price / SF$105.23
AddedMay 19
Days on Market57
Last RefreshJul 4 at 11:30 am

Property Features for 7102-7116 Office Park Drive

General Information

Standard status
Active
Size
76,501 SF
Property subtype
Industrial

Listing office CBRE - Cincinnati

Listing date May 19, 2026

Source Crexi

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 CBRE - Cincinnati


Investment Insights

Based on property information with market context.

Liberty Office Park, located at 7102-7116 Office Park Drive in West Chester, Ohio, is a 76,501 square foot single-story flex asset constructed in 2007. The property is currently 100% occupied. Situated in the Tri-County submarket, it is located less than 0.5 miles from Liberty Center, a mixed-use retail, residential, and office complex covering 1.2 million square feet. The building features tilt-up construction and visibility along State Route 129, with access to I-75 and I-275. Its location between Cincinnati and Dayton positions it to capture demand from both markets. The rent roll has a weighted average tenure of 9.88 years.

Key Highlights

  • 100% Occupancy: Provides immediate income and stability.
  • Prime Location: Less than 0.5 miles from Liberty Center.
  • Strong Tenant History: Weighted average tenant tenure of 9.88 years.

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 $1.29M $16.80
− Vacancy −$325.2k −$4.25
EGI $960.1k $12.55
− OpEx −$240.0k −$3.14
NOI $720.0k $9.41
76,501 SF · lease $16.80/SF/yr · vacancy 25.30% · expense 25.00%

Alternative Uses

Best Use
Flex RnD
$11.24M
$9.84M – $13.12M (±1% cap)
NOI $787,028 @ 7.0% cap · market cap 9.78%
Second Best
Office B
$10.29M
$9.00M – $12.00M (±1% cap)
NOI $720,043 @ 7.0% cap · market cap 8.94%
Theoretical Best
Office A
$13.72M
$12.00M – $16.00M (±1% cap)
NOI $960,057 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Building Supply Auto Repair Shop Big Box & Wholesale Store Dental Office Auto Parts Store Restaurant Law Firm Pharmacy Parking Lot & Garage Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - 76,501 SF flex asset near Liberty Center.
Where is this flex space located?
The property is located at 7102-7116 Office Park Drive West Chester, OH.
What is the asking price?
The asking price for this property is $8,050,000.
What are key features of this property?
This property features: 100% Occupancy: Provides immediate income and stability.; Prime Location: Less than 0.5 miles from Liberty Center.; Strong Tenant History: Weighted average tenant tenure of 9.88 years.
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