3260 Bend Rd Cincinnati, OH 45239
- Office Properties & Spaces
- 4,320 SF
- 2.32 lot acres
Current Use by Public Records
- Aubrey Rose Foundation / Non-Profit Organization / Foundation
- Writely Sew LLC / Custom T-Shirt Store / Embroidery Service
Property Details for 3260 Bend Rd
- Lot size
- 2.32 lot acres
- Property size
- 4,320 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional three-building office portfolio in Cincinnati, Ohio, presents a compelling investment opportunity. The property comprises 4,320 square feet across three buildings, situated on a 2.315-acre lot zoned for office use (447). The portfolio includes a two-unit building at 100% occupancy, a 23-unit building also at 100% occupancy, and a 31-unit building currently at 68% occupancy, totaling 56 tenants under NNN leases. The larger buildings feature elevators, and the entire complex benefits from ample parking. Conveniently located just blocks from I-74, this property enjoys proximity to major retailers including Kroger, Sam's Club, Family Dollar, Petco, and Walgreens. Recent updates have been completed in several units. The property is only 36 minutes from Cincinnati/Northern Kentucky International Airport (CVG). Detailed financials are available upon execution of a non-disclosure agreement. This portfolio offers a potential 9%-10% capitalization rate upon full occupancy, making it an attractive addition to any investment strategy. The asking price is $4,200,000, and the property is offered as a 1031 exchange opportunity.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.5918
- Latitude
- 39.1904