Listed by CBRE - Cincinnati
$3,250,000
1211 Cox Ave
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 24,587
Tenancy Single
Lease Type NNN
Lease Options One (1) - Five (5) Year option to renew through 5/31/2033 at greater of FMV and the last years rent, with 180 days prior written notice by 11/30/2027.
Price per SqFt $132
Year Renovated 2023
Acreage 2.600
Zoning I-1 Light Industrial Zoning
Ceiling Height 14’-17’
Loading Docks 1
Dock High Doors 2
Industrial | 24,587 SqFt
Investment highlights
- Free-standing single tenant building
- Prominent location at corner of Cox and Turfway near the CVG Airport, DHL Express Hub, Amazon Air Hub
- Immediate access to I-75 (1.2 miles) and I-275 (1.5 miles)
- New Roof in 2023 - 20 Year Warranty
- Extra land for future growth
- Heavy power in place (800 amps, 480/277 volt)
- Cell phone tower not included, owned by non - affiliated 3rd party
- Total Square Footage: 24,587
- Office: 3,700 SF
- Clear Height: 14’-17’
- Dock Doors: 2 w/ mechanical pit levelers from Rite Hite
- Drive-in: 1 (12‘x14‘)
- Power: 3 phase 800 amps, 480/277 volt electric service
- Land Size: 2.6 acres
- Zoning: I-1 Light Industrial
- ABX Air, Inc. (a publicly traded company)
- Lease commencement on November 1, 2022 at $7.50/sf NNN with 3% annual increases
- Remaining Rental Schedule:
- 10/1/2025 - 9/30/2026: $8.20/sf NNN
- 10/1/2026 - 9/30/2027: $8.44/sf NNN
- 10/1/2027 - 5/31/2028: $8.69/sf NNN
- One (1) - Five (5) Year option to renew through 5/31/2033 at greater of FMV and the last years rent, with 180 days prior written notice by 11/30/2027
Listing Contacts
Listed by CBRE - Cincinnati
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
