Listed by Republic Commercial Real Estate
Unpriced
Greentree Plaza
Details
Property Type Retail, Office
Sub Type Commercial
Square Footage 12,444
Tenancy Multi
Year Built 1987
Investment Type Value Add
Retail | 12,444 SqFt
Investment highlights
- Established multi-tenant retail and office strip center with proven rental history since 1987
- Solid brick and block exterior construction with low annual maintenance costs
- High-visibility monument sign on Cincinnati-Dayton Road with strong trac counts
- Ample surface parking serving all tenants
- Value-add Lease Restructuring: The current ownership has operated on a gross lease basis since 1987. A new owner has a clean opportunity to negotiate triple-net leases upon renewal, significantly reducing landlord expense obligations and increasing net income to the owner.
- Solid Physical Asset — Low Maintenance: The building features solid brick and block exterior construction that has stood for nearly 40 years with consistently low annual maintenance costs. The durable structure requires minimal capital expenditure, protecting investor returns over the long term.
- Significant Depreciation Benefit for Buyer: The building is substantially depreciated by the current owner. A new purchaser may enjoy the full depreciation of a newly acquired asset, potentially generating meaningful annual tax bene ts — an advantage not available to the current ownership.
- Established Income Stream Since 1987: Greentree Plaza has maintained continuous multi-tenant occupancy since its construction. The property's proven rental history and established tenant base provide a stable income foundation for a new owner to build upon and grow.
- Significant value-add opportunity through lease restructuring for a new owner
Listing Contacts
Listed by Republic Commercial Real Estate
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Zoning
GC CommercialGeneral CommercialGeneral Commercial
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