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Property profile & analytics
FOR LEASE
Strip malls

4394 Eastgate Square Dr Cincinnati, OH 45245

53,614 SF 6.49 ac lot Built 1990
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US66-1671064
Property summary
AI-generated overview

Eastgate Square, located at 4394 Eastgate Square Drive in Cincinnati, Ohio (zip code 45245), presents a significant retail opportunity within the Eastgate submarket of Clermont County. This shopping center offers a total of 16,750 square feet of leasable space, currently entirely vacant and available for immediate occupancy. The property is categorized as a multi-tenant retail space, ideal for a variety of businesses. Flexible space options are available, with a minimum divisible unit size of 2,500 square feet and a maximum contiguous space of 12,650 square feet, allowing for customization to suit diverse tenant needs. The property's strategic location within the thriving Eastgate area provides excellent visibility and accessibility for potential businesses. This presents a unique chance to establish a presence in a well-established commercial district, benefiting from existing infrastructure and high foot traffic. The property is ready for immediate lease, offering a blank canvas for prospective tenants to create their ideal retail space. Interested parties are encouraged to inquire about lease terms and conditions. The property's latitude and longitude coordinates are 39.0938556 and -84.2681101 respectively.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Construction CONCRETE BLOCKS
Total area 53,614 SF
Lot 6.49 ac (282,661 SF)
APN 41-32-15A-125
UPID US66-1671064
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Blinds Plus (Bike/Boat/Book/etc) Store Home Decor Store
  • Nails Paradise & Spa Nail Salon
  • Mariner Finance Loan Service
  • China Buffet Restaurant
  • Overstock Guys Diggin’ for Deals - Eastgate Square Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.31M
Blend (final) Blend
$5.10M
Owner & transaction history
Eastgate Owner LLC · 3 yrs held
Eastgate Owner LLC
since 2022
7 recorded transactions
2022
Price N/A
2020
Price N/A
2019
Price N/A
2019
$6.1M
2017
Price N/A
2013
$7.4M
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $6.2M +33.9%
Office building $5.7M +22.4%
Retail stores $5.1M +10.6%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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