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    50 Business Way Cincinnati, OH 45241

    Sponsored
    For Lease
    $14 SF/Yr

    Cincinnati office suites, 2,766-7,137 sq ft.

    Lot size:
    110,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Hamilton County, Ohio office building, Summit Woods III, offers multiple tenancy options in a prime Cincinnati location at 50 E Business Way, 45241. The building boasts a total of 110,000 square feet, featuring efficient floorplates of 27,500 square feet each. Spaces currently available range from 2,766 to 7,137 square feet. Building highlights include 10-foot finished ceilings, a 45-foot column-free clear span, and a generous 5 per 1,000 SF parking ratio. Monument signage ensures high visibility. The property enjoys exceptional accessibility, situated just one minute from I-275 and the Reed Hartman Interchange. The current asking rate is $14.50 per square foot net, with operating expenses of $8.25 per square foot. A significant million-dollar renovation is underway, scheduled for completion in November 2022. Upgrades encompass exterior renovations, parking lot resurfacing, landscaping enhancements, façade improvements, a two-story atrium lobby and common area revitalization, a new tenant lounge, café, conference center, and fitness center, as well as restroom renovations.

    Property Features for 50 Business Way

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    110,000 SF
    Total Rate
    132916.67

    Unit(s) available at that property

    Space
    Suite 220
    Size
    7,137 SF
    Rate per SF
    $14
    Space
    Suite 170
    Size
    0 SF
    Rate per SF
    $14
    Space
    Suite 430
    Size
    4,809 SF
    Rate per SF
    $174

    HighLights

    • 110,000 SF office building in prime Cincinnati location (50 E Business Way, 45241).
    • Multiple suites available, ranging from 2,766 to 7,137 SF.
    • Features 10‑foot ceilings, 45‑foot column‑free clear span, and 5/1,000 SF parking.
    • Monument signage and exceptional I‑275 access (Reed Hartman Interchange).
    • $14.50/SF net asking rent, $8.25/SF operating expenses.
    • Major renovation underway (completion November 2022), including exterior, parking, landscaping, lobby, tenant lounge, café, conference center, and fitness center upgrades.
    Property Profile Location Intelligence

    Current Use by Public Records

    Clarify Wealth Management ... Financial Consultant KPI Solutions Software Company Brixey & Meyer, Inc. Accountant Hylant Insurance Broker FedEx Drop Box Mailing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.364336820169
    Latitude
    39.283476053941

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    FAQs

    What type of property is this?
    Office space - Cincinnati office suites, 2,766-7,137 sq ft.
    Where is this office space located?
    The property is located at 50 Business Way Cincinnati, OH.
    What is the lease rate?
    The lease rate is $14-$174 SF/Yr.
    What are key features of this property?
    This property features: 110,000 SF office building in prime Cincinnati location (50 E Business Way, 45241).; Multiple suites available, ranging from 2,766 to 7,137 SF.; Features 10-foot ceilings, 45-foot column-free clear span, and 5/1,000 SF parking.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50 Business Way Cincinnati, OH 45241
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