2651 Highland Ave Cincinnati, OH 45219-2301

This exceptional investment opportunity presents a stabilized, single-tenant daycare center located at 2651 Highland Ave, Cincinnati, OH 45219. The property boasts a 4,000 square foot building on a 0.38-acre lot, constructed in 1966. Currently operating under a 10-year Net Net (NN) lease commencing June 10, 2024, and expiring September 30, 2034, this property offers significant long-term stability. The lease includes rent bumps, ensuring consistent income growth. The property features 12 parking spaces and is conveniently located near the University of Cincinnati and area hospitals. The current Net Operating Income (NOI) is $40,700, yielding an 8.14% cap rate. Pro-forma NOI is projected at $59,142, resulting in an 11.83% pro-forma cap rate. This well-maintained, established daycare center represents a compelling investment opportunity with substantial upside potential. The property's strong location, long-term lease, and built-in rent increases make it an attractive addition to any portfolio. The Hamilton County Assessor's Parcel Number (APN) is 092-0001-0060-00. The asking price for this turnkey operation is $500,000.