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 Market56
Property Features for 8927 Montgomery Rd
General Information
Standard status
Active
Size
1,946 SF
Property subtype
RETAIL
Listing Agency:
Lee & Associates | Cincinnati
(513) 588-1840
Listed By:
TC Bartoszek · License #2014000103
(513) 588-1840
Source:
Moodyscre
Added: Jun 11
Changed: Jul 10
Last Checked: Jul 21 at 6:50AM
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
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 For Retail
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 | $29.2k | $15.00 |
| − Vacancy | −$2.2k | −$1.13 |
| EGI | $27.0k | $13.88 |
| − OpEx | −$8.1k | −$4.16 |
| NOI | $18.9k | $9.71 |
1,946 SF · lease $15.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$270.0K
$236.3K – $315.0K
NOI $18,901 @ 7.0% cap · market cap 2.80%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
761
Businesses Nearby
520k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 45%
Shops & Services 33%
Dining 7%
Apparel 6%
Costco Wholesale
Superstores
129,675 visits/mo
0.4 miles
Target
Superstores
104,510 visits/mo
0.4 miles
Costco Gasoline
Shops & Services
33,862 visits/mo
0.3 miles
Michaels
Shops & Services
27,370 visits/mo
0.4 miles
Thorntons
Shops & Services
21,658 visits/mo
0.2 miles
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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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
