Strip Mall
New
For Sale
$5,020,000
7800 Beechmont Ave, Cincinnati, OH 45255
Retail center with a 12,234-square-foot footprint and established commercial use.
Property Size12,234 SF
Price / SF$410.33
Days on Market2
Property Features for 7800 Beechmont Ave
General Information
Standard status
Active
Size
12,234 SF
Property subtype
Shopping Strip
Amenities
100 Percent Occupied, 12,234-Square-Foot Convenience Strip in Dense Suburban Cincinnati Location
31,043 Vehicles per Day on High-Trafficked Route-125 Corridor
Affluent Trade-Area: $106,000 / $112,000 / $106,000 Average Household Income's Over One / Three / Five-Mile
Most Recent $39 per Square Foot Triple-Net Lease Significantly Outperforms Remaining $28.73 per Square Foot Triple-Net Average
Strong Mix of National/Regional/Local Operators
Modernized Tenant Buildouts Driving Tenant Retention
Low-Maintenance, Passive Investment Profile with 100 Percent Recapture of Tax / Insurance / Common Area Maintenance
Building Details
Building Size
12,234 SF
Year Built
1980
Listing Agency:
Marcus & Millichap - Cleveland
Listed By:
Scott Wiles · License #License(s): OH: SAL.2005013197
(216) 264-2026
Source:
Marcusmillichap
Added: Sep 6
Changed: Sep 7
Last Checked: Sep 6 at 2:29PM
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 - Cleveland
Investment Insights
Based on property information with market context.
Pinnacle Place is a strip mall property comprising 12,234 square feet of commercial space. Built in 1980, the property is located at 7800 Beechmont Ave in Cincinnati, Ohio, within ZIP code 45255.
Key Highlights
- 12,234 square feet of commercial property
- Strip mall configuration
- Built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$141,046
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,820,920
$2.8M
Cap Rate 7%
$2,014,943
$2.0M
Cap Rate 9%
$1,567,178
$1.6M
Market Conditions
NOI Build-Up for 12,234 SF
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.
Gross rent
$220.2K $18.00/SF
− Vacancy
−$18.7K −$1.53/SF
EGI
$201.5K $16.47/SF
− OpEx
−$60.4K −$4.94/SF
NOI
$141.0K $11.53/SF
Area
Cincinnati, OH
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,820,920
Cap Rate 7%
$2,014,943
Cap Rate 9%
$1,567,178
Alternative Uses
Best Use
Retail
$2.01M
$1.76M – $2.35M
NOI $141,046 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.43M
$2.13M – $2.84M
NOI $170,236 @ 7.0% cap · market cap 3.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,410
Businesses Nearby
Explore this area
Business Placement
Demographics for 45255, OH
22,069
Population
10,181
Households
2.2
Avg Household Size
42
Median Age
51%
College-Educated
97%
High-School Grad
12.9 sq mi
ZIP Area
1,711
Density / Sq Mi
$88,694
Median Household Income
$52,224
Median Earnings
$1,339
Median Rent
$279,400
Median Home Value
Market
Vacancy Rate% for Retail in Cincinnati, OH
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - Retail center with a 12,234-square-foot footprint and established commercial use.
Where is this strip mall located?
The property is located at 7800 Beechmont Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $5,020,000.
What are key features of this property?
This property features: 12,234 square feet of commercial property; Strip mall configuration; Built in 1980
