Single-Tenant Drive-Thru Retail
For Sale
Contact for pricing
8927 Montgomery Rd, Loveland, OH 45140
A turnkey retail building with drive-thru infrastructure and strong corridor frontage, supported by ample customer parking.
Property Size1,946 SF
Price / SF$346.87
Days on Market147
Property Features for 8927 Montgomery Rd
General Information
Standard status
Active
Size
1,946 SF
Property subtype
RETAIL
Listing Agency:
Lee & Associates | Cincinnati
(513) 272-6800
Listed By:
TC Bartoszek · License ##SAL.2014000103
(513) 588-1840
Source:
Moodyscre
Added: Jun 11
Changed: Oct 25
Last Checked: Nov 3 at 10:08AM
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 Lee & Associates | Cincinnati
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Investment Insights
Based on property information with market context.
This is a single-tenant retail building offering 1,946 square feet of efficiently configured service space. The property includes drive-thru infrastructure designed to support experiential quick-serve restaurant concepts, and it is described as turnkey ready with a well-maintained exterior that reinforces tenant branding. The layout is oriented toward service-oriented retailers or cafes that benefit from a straightforward customer flow.
Located at 8927 Montgomery Rd in Loveland, OH, the building features significant frontage that enhances visibility from both directions along the commercial corridor. Access and egress are described as easy for steady traffic flow, and ample surface parking is available to support customer convenience.
For buyers and operators seeking a functional, ready-to-occupy retail asset, the combination of service space, drive-thru capability, and prominent frontage can reduce upfront timelines associated with tenant improvements. Its proven retail functionality and established corridor presence may appeal to retailers looking for an operationally workable footprint, as well as investors evaluating a straightforward single-tenant retail configuration.
Located at 8927 Montgomery Rd in Loveland, OH, the building features significant frontage that enhances visibility from both directions along the commercial corridor. Access and egress are described as easy for steady traffic flow, and ample surface parking is available to support customer convenience.
For buyers and operators seeking a functional, ready-to-occupy retail asset, the combination of service space, drive-thru capability, and prominent frontage can reduce upfront timelines associated with tenant improvements. Its proven retail functionality and established corridor presence may appeal to retailers looking for an operationally workable footprint, as well as investors evaluating a straightforward single-tenant retail configuration.
Key Highlights
- Single‑tenant retail building with 1,946 SF of efficiently configured service space
- Drive‑thru infrastructure supports experiential quick‑serve tenancies
- Significant frontage for visibility from both directions along Columbia Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,920
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,400
$418.4K
Cap Rate 7%
$298,857
$298.9K
Cap Rate 9%
$232,444
$232.4K
Market Conditions
NOI Build-Up for 1,946 SF
Gross rent
$31.5K $16.20/SF
− Vacancy
−$1.6K −$0.84/SF
EGI
$29.9K $15.36/SF
− OpEx
−$9.0K −$4.61/SF
NOI
$20.9K $10.75/SF
Area
Hamilton County, OH
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,400
Cap Rate 7%
$298,857
Cap Rate 9%
$232,444
Alternative Uses
Best Use
Retail
$298.9K
$261.5K – $348.7K
NOI $20,920 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$348.9K
$305.3K – $407.0K
NOI $24,422 @ 7.0% cap · market cap 3.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
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Business Placement
Demographics for 45140, OH
56,386
Population
22,684
Households
2.5
Avg Household Size
40
Median Age
53%
College-Educated
97%
High-School Grad
44.1 sq mi
ZIP Area
1,279
Density / Sq Mi
$110,781
Median Household Income
$58,882
Median Earnings
$1,379
Median Rent
$340,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A turnkey retail building with drive-thru infrastructure and strong corridor frontage, supported by ample customer parking.
Where is this retail space located?
The property is located at 8927 Montgomery Rd Loveland, OH.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Single‑tenant retail building with 1,946 SF of efficiently configured service space; Drive‑thru infrastructure supports experiential quick‑serve tenancies; Significant frontage for visibility from both directions along Columbia Road
