465 Galbraith Rd Cincinnati, OH 45215-5467
- Retail space
- 0.69 lot acres
Current Use by Public Records
- Budget Car Rental / Car Rental Agency / Van Rental Agency
Property Details for 465 Galbraith Rd
- Year built
- 1971
- Lot size
- 0.69 lot acres
- Property type
- Retail space
- APN
- 601-0001-0253-00
- APU
- 6010001025300
Description
This exceptional investment opportunity presents a 1,558 square foot storefront located at 465 E Galbraith Rd, Cincinnati, OH 45215. The property, built in 1971, sits on a 0.68-acre lot (APN 601-0001-0253) and boasts a strong 100% occupancy rate with a single tenant under a gross lease. The current lease, commencing February 6, 1991, has a remaining term of approximately one year, expiring November 30, 2025, with two lease options available. The asking price is $550,000, representing a price per square foot of $353.02 and a compelling 7.74% cap rate. The property generates a Net Operating Income (NOI) of $42,564. This prime retail location benefits from high visibility and convenient access to major transportation arteries, including I-75 and SR 126, providing easy connections to I-71 and I-275. The site enjoys a daily traffic count of 14,727 vehicles on Galbraith Road and features prominent pole signage. This value-add opportunity offers a strong investment with a history of long-term occupancy. The property is classified as a retail storefront.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.4562
- Latitude
- 39.2117
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
