Property profile

11500 Northlake Dr Cincinnati, OH 45249

FOR LEASE
Office buildings
Property ID
US66-5724559
10.02 ac lot Built 1989
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

One Northlake Place, located at 11500 Northlake Dr in Cincinnati, OH 45249, offers exceptional suburban office space in a Class A building. This three-story building, constructed in 1986, boasts a total of 177,033 square feet, with multiple suites available ranging from 4,050 to 18,139 contiguous square feet. The property sits on 10.02 acres and provides ample parking (4.6 spaces per 1,000 square feet). Ceiling heights vary, with the first floor featuring 9 ½-foot ceilings and floors two through three offering 8 to 10-foot ceilings. Building amenities include an on-site conference center and fitness center, managed by the ownership. Excellent highway visibility and access are key features, along with available building and pylon signage. The location offers convenient access to Harper’s Station, Kenwood Towne Center, Streets of West Chester, and the new Liberty Center. The property benefits from a 0% earnings tax. Elevators are available. This is a prime opportunity for businesses seeking high-quality office space in a desirable Cincinnati location. Total vacant space is 42,028 square feet.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1989
Lot 10.02 ac (436,558 SF)
APN 600-0021-0080-00
UPID US66-5724559

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Car Dealership Trucking Company
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Government Office
  • Architect

Location

11500 Northlake Dr Cincinnati, OH 45249
Cincinnati metro Census 22302 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2019
7 recorded transactions
2024
Price N/A
2019
$8.7M
2018
$9.0M
2007
$1.2M
2006
$20.4M
2004
$12.0M
1998
$15.5M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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