ARCHIVED: Cincinnati – North Bend Office Investment Portfolio

Jeff Baumgardner

Commercial Sales Associate

Mark Langdon

Commercial Sales Associate

Details

Property Highlights

  • Three-building portfolio: two-unit building (3260) (100% occupied), 23-unit building (3270) (100% occupied), and 31-unit building (3284) (68% occupied) – total occupancy: 82%
  • Elevators are located in the two larger buildings
  • Just a few blocks from I-74
  • Many of the office spaces are newly remodeled
  • Nearby major retailers such as Kroger, Sam’s Club, Family Dollar, Petco, and Walgreens
  • Updates completed in multiple units
  • Ample parking in a newly resurfaced lot
  • Only 36 minutes from CVG International Airport
  • Financials available with a signed NDA
  • Potential 10%-11% CAP Rate when fully occupied

Office Space for Sale with High Occupancy Rates and Growth Potential

This office is an investment opportunity in Cincinnati to the right buyer with a three-building complex totaling 2.315 acres. Comprising a fully occupied two-unit building, a fully leased 23-unit building, and a 31-unit building at 68% occupancy, this property promises steady cash flow with room for increased revenue. Located just blocks from I-74, the property provides excellent connectivity with only a 36-minute drive from CVG International Airport. The location is appealing to both local and regional tenants helping you maintain a high occupancy rate.

Positioned near prominent retailers like Kroger, Sam’s Club, and Walgreens, the complex enjoys high visibility and access to everyday conveniences, making it an attractive spot for tenants. Recent updates in several units add to the property’s appeal, while amenities such as elevators in the larger buildings and ample parking provide comfort and convenience for tenants and visitors alike. With the potential to reach a 9%-10% CAP rate upon full occupancy, this portfolio offers a compelling mix of stability and growth potential. A consistent and safe choice for those looking to expand their real estate portfolio. Financials can also be made available upon signing an NDA, making this property ideal for investors seeking a foothold in Cincinnati’s office market.

Address

3260 North Bend Road, Cincinnati, OH, 45239,

County

Hamilton

Property Type

Office

Zoning

447 - Office

Total Acres

1.789 Acres

Sale Price

$3,295,000

All information furnished is from sources deemed reliable and is subject to errors, omissions and changes prior to sale as withdrawal without notice.

Let our team help you buy or sell:

Whether you’re looking to purchase the perfect piece of land or looking to maximize the sale of your current property, our team of agents has the experience necessary to navigate your commercial real estate needs. Use the form below to connect with us and a member of our team will reach out.

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