260 University Ave Cincinnati, OH 45219
- Office Properties & Spaces
- 11,322 SF
- 0.18 lot acres
Current Use by Public Records
- Global Sourcing & Support Services / Social Services Organization
- Real Estate Links / Real Estate Agency
Property Details for 260 University Ave
- Year built
- 2006
- Lot size
- 0.18 lot acres
- Property size
- 11,322 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional two-story office building, located at 260 E University Ave in Cincinnati, Ohio, presents a unique investment opportunity. The 11,322 square foot building boasts a desirable location near the University of Cincinnati campus, Children's Hospital, other medical facilities, and the new UC Innovation Hub. The property features a mix of open and private office spaces, totaling 6,085 square feet available on the first floor. The second floor is currently leased to a credit-rated tenant under a NNN lease expiring April 29, 2029, ensuring a steady income stream. The building is classified as Class B and sits on a 0.18-acre lot, zoned CNP. Ample parking is provided with 44 spaces, including a 14-space garage with elevator access to both floors. Built in 2006, this multi-tenant property (currently with one tenant) offers a blend of modern amenities and a strategic location. The building's current occupancy is 46.3%. This owner-user opportunity allows for immediate occupancy and potential for future growth in a thriving area with convenient access to I-71 and numerous amenities within walking distance. The property's APN is 092-0004-0148. This is a sale by owner opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.5028
- Latitude
- 39.1325