8599 Ridge Ave, Cincinnati, OH 45236
Built in 2017 and leased to Mercy Health as a single-tenant medical office off a major highway.
Property Features for 8599 Ridge Ave
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Investment Insights
Based on property information with market context.
The building is located just off the Ronald Reagan Highway between Interstates 71 and 75, providing visibility from the highway and easy access throughout the Cincinnati–Dayton MSA. It is situated in the Amberley suburb and includes an impressive 5.7/1,000 SF parking ratio.
The offering is presented as a leased fee interest and is subject to a ground lease with the Village of Amberley, with 94 years remaining and responsibility of ground lease obligations with the landlord. Current stated rent is $21.95 PSF NNN, and investors receive a Mercy Health tenancy with the property also being offered with attractive assumable or prepayable property-level debt.
Key Highlights
- Purpose‑built 15,000 RSF, Class A, single‑tenant medical office building built in 2017 and leased to Mercy Health Cincinnati, LLC.
- Remaining lease term of 10.6 years with rental rates of $21.95 PSF NNN and 1.75% annual escalations.
- Lease includes three five‑year renewal options.
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Trade Area within ½ mile
Demographics for 45236, OH
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Vacancy Rate% for Office in Cincinnati, OH
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