Technical
Financial
Distress signals
Property profile

921 Anderson Fry Rd Cincinnati, OH 45238

OFF-MARKET
Day care centers
Property ID
US66-6183772
4,950 SF 0.76 ac lot Built 1986
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a 4,950 square foot, single-tenant, net-leased retail property located at 921 Anderson Ferry Rd, Cincinnati, OH 45238. The property is currently 100% occupied by KinderCare Learning Centers, LLC, a nationally recognized leader in early childhood education, under a lease with a remaining term of approximately 2.9 years, plus two 6-year renewal options. The lease commenced December 29, 1987, and expires September 29, 2027. The lease includes annual rent bumps, providing a hedge against inflation. The property boasts a 7.00% cap rate and a strong NOI of $74,250. Situated on a 0.76-acre lot, the single-story building benefits from a high-traffic location at the intersection of Anderson Ferry Road and Rapid Run Road, with over 29,000 vehicles passing daily. The surrounding area features a dense residential population with high average household incomes, and is conveniently located near major retailers, including Walmart, Target, and Kroger. The property's strategic location within a densely populated residential neighborhood, coupled with the KinderCare brand's strong reputation and the lease's favorable terms, makes this a compelling investment in a resilient and growing sector of the economy. The property is a triple-net (NNN) lease, requiring zero landlord responsibilities. The KinderCare lease provides a corporate guarantee, mitigating risk. The property's location is within a 3-mile radius of over 99,400 people, and a 5-mile radius of over 189,200 people, with average household incomes exceeding $84,000. The property is also within 5 miles of over 62,700 employees. This is a rare opportunity to acquire a stable, high-performing asset in a recession-resistant industry. The asking price is $1,060,714.

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1986
Total area 4,950 SF
Lot 0.76 ac (33,062 SF)
APN 540-0063-0558-00
UPID US66-6183772

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
  • Daycare Center

Location

921 Anderson Fry Rd Cincinnati, OH 45238-4239
Cincinnati metro Census 21303 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$860k
CAP Approach CAP
by Request
Comparable Approach Comparable
$615k
Blend (final) Blend
$850k

Owner & transaction history

since 2025
Last sale
$1.0M
2 recorded transactions
2025
$1.0M
2007
$800,200

Zoning & alternative use

Top alternative use upside
Commercial (general) $610,000 +46.5%
Medical building $590,000 +40.7%
Office building $585,000 +40.1%

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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