3800 Red Bank Rd Cincinnati, OH 45227
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Prime Cincinnati office building, high occupancy.
Property size:
13,100 SFProperty Features for 3800 Red Bank Rd
General Information
- Property type
- Office Properties & Spaces
- Square Feet
- 13,100 SF
- Class
- B
- Lot Size
- 41,469 SF
Building Details
- Year Built/Renovated
- 1966/2020
- Buildings
- 1
- Stories
- 1
Listing Agency: Republic Commercial Real Estate Listing Agent: Nick Barela
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This stabilized, multi-tenant office building at 3800 Red Bank Road in Cincinnati, Ohio presents a compelling investment opportunity. The 13,100 square foot, single-story building, constructed in 1966 and renovated in 2020, boasts a Class B rating and is situated on a 0.952-acre lot within the H-Reinvestment District. Currently 73% occupied by two tenants, the property offers a strong net operating income (NOI) of $48,607, resulting in a 3.89% cap rate. The asking price is $1,250,000, translating to $95.42 per square foot. Ample parking is provided with 46 spaces, and the property features convenient outdoor storage. The building's location on Red Bank Road provides excellent visibility and exposure, with opportunities for prominent building signage and branding. Surrounding retail amenities further enhance the property's appeal. The property's modified lease type and the absence of a tenant credit rating should be considered in due diligence. The Hamilton County location, with a zip code of 45227, offers easy access to various transportation routes and local businesses. This is a rare chance to acquire a well-positioned, income-producing asset in a thriving Cincinnati neighborhood. The property's permitted zoning allows for reinvestment opportunities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Prosperity Realty
Real Estate Agency
Jani-King
General Contractor
Lorena Anticoli, Realtor ...
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.405084004709
- Latitude
- 39.14380341906
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FAQs
What type of property is this?
Office Property / Space - Prime Cincinnati office building, high occupancy.
Where is this office property / space located?
The property is located at 3800 Red Bank Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 13,100 SF single-story office building on a 0.952-acre lot in Cincinnati, OH.; Class B building, built in 1966, renovated in 2020, located in the H-Reinvestment District.; 73% occupancy with two tenants, generating a $48,607 NOI and a 3.89% cap rate.