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7860 Beechmont Avenue, Cincinnati, OH 45255
Established shopping center property with a documented 1980 construction date and flexible acquisition options.
Property Size12,234 SF
Price / SF$410.33
Days on Market56
Property Features for 7860 Beechmont Avenue
General Information
Standard status
Active
Size
12,234 SF
Property subtype
Retail
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$351,536
Building Details
Year Built
1980
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Columbus
(216) 264-2000
Listed By:
Craig Fuller · License #OH 2008001551
Source:
Crexi
Added: Jul 6
Changed: Aug 29
Last Checked: Aug 29 at 6:50PM
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 - Columbus
Investment Insights
Based on property information with market context.
This shopping center contains 12,234 square feet and was built in 1980. The property is offered as an individual acquisition or as part of a six-property portfolio.
Located at 7860 Beechmont Avenue in Cincinnati, Ohio, the asset provides a defined retail property offering within the portfolio structure. Additional portfolio information is referenced in the offering memorandum.
Located at 7860 Beechmont Avenue in Cincinnati, Ohio, the asset provides a defined retail property offering within the portfolio structure. Additional portfolio information is referenced in the offering memorandum.
Key Highlights
- 12,234‑square‑foot shopping center
- Built in 1980
- Available for individual acquisition
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
912
Businesses Nearby
Balanced
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Shopping center - Established shopping center property with a documented 1980 construction date and flexible acquisition options.
Where is this shopping center located?
The property is located at 7860 Beechmont Avenue 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‑foot shopping center; Built in 1980; Available for individual acquisition
