10894 New Hvn Rd Harrison, OH 45030-1648

This exceptional investment opportunity presents a fee-simple interest in a Class A, 2,225 square-foot Starbucks located in Harrison, Ohio (Cincinnati MSA). Built in 2022, this single-tenant property boasts a strong 10-year net lease (NN+) with a credit-rated tenant, commencing September 21, 2022, and expiring February 28, 2033. The lease includes four 5-year renewal options, ensuring long-term stability. The property features a drive-thru capable of handling over 20 vehicles, 59 parking spaces, and is situated on a 1.35-acre lot. The strategic location directly off I-74 and New Haven Road provides exceptional visibility and accessibility, benefiting from high daily vehicle counts. The lease includes a 10% rent increase every five years, protecting against inflation and enhancing returns. The property's strong NOI of $155,764 and a 5.30% cap rate make it an attractive investment. The surrounding area shows significant growth, with a 7% annual population increase over the past three years and an average household income exceeding $85,000. Numerous national retailers are nearby, further solidifying the location's strength. This is a low-management, passive investment opportunity with significant upside potential. The property's asking price is $2,939,000, with a price per square foot of $1,320.90.