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Single-Story Office Building
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8271 Pine Rd, Cincinnati, OH 45236

Single-story office building with space available for lease for a customized interior at a Kenwood address.

Property Size9,000 SF
Price / SF$325
Days on Market62

Property Features for 8271 Pine Rd

General Information

Standard status Active
Size 9,000 SF
Property subtype OFFICE

Building Details

Buildings 1
Stories 1
Building Size 9,000 SF
Tenancy Single
Listing Agency: Colliers | Cincinnati
Listed By: Sloane Nichols · License #2003013101
Source: Moodyscre
Added: Jun 1 Changed: Jul 30 Last Checked: Jul 30 at 2:57PM

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 Colliers | Cincinnati

Investment Insights

Based on property information with market context.

This single-story office building offers 9,000 SF and includes 3,150 SF available for lease, with space set up for a customized interior buildout. The property also features signage and an owner-user structure supported by existing in-place income.

Located at 8271 Pine Rd in the Kenwood submarket of Cincinnati, the building provides a well-positioned option for an end user or investor seeking an office asset in the area. A long-term lease is in place with a credit medical tenant.

The combination of available leased space, signage, and existing occupancy makes the property suitable for buyers looking for flexibility between owner use and income-generating tenancy.

Key Highlights

  • 9,000 SF single‑story office building
  • 3,150 SF available for lease for customized interior
  • Signage included

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 $185.8k $20.64
− Vacancy −$42.5k −$4.73
EGI $143.2k $15.91
− OpEx −$35.8k −$3.98
NOI $107.4k $11.94
9,000 SF · lease $20.64/SF/yr · vacancy 22.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.53M
$1.34M – $1.79M (±1% cap)
NOI $107,416 @ 7.0% cap · market cap 3.67%
Second Best
Healthcare Medical
$1.49M
$1.30M – $1.74M (±1% cap)
NOI $104,328 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M (±1% cap)
NOI $125,235 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Locksmith Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,173
Businesses Nearby

Demographics for 45236, OH

24,223
Population
12,385
Households
2
Avg Household Size
41
Median Age
51%
College-Educated
95%
High-School Grad
6.9 sq mi
ZIP Area
3,511
Density / Sq Mi
$81,990
Median Household Income
$49,188
Median Earnings
$1,155
Median Rent
$218,900
Median Home Value

Market

Vacancy Rate% for Office in Cincinnati, OH

18% 2019
19.1% 2020
21.4% 2021
23.3% 2022
25.4% 2023
26.1% 2024
25.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Single-story office building with space available for lease for a customized interior at a Kenwood address.
Where is this office units located?
The property is located at 8271 Pine Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $2,925,000.
What are key features of this property?
This property features: 9,000 SF single‑story office building; 3,150 SF available for lease for customized interior; Signage included
(513) 562-2238 Call to check price and availability
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