Listed by Plum Tree Realty
$1,600,000
Queen City Plaza
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 11,101
Cap Rate 8.40%
NOI $118,474
Occupancy 100%
Tenancy Multi
Lease Type Gross
Remaining Term 4
Price per SqFt $144
Broker Co-Op Yes
Class C
Year Built 1987
Year Renovated 2018
Buildings 1
Stories 1
Zoning Commercial
Ownership Consumer
Retail | 8.40% CAP | 11,101 SqFt
Marketing description
Prime investment in the west side of Cincinnati's busiest corridors! Queen City Plaza has been paramount for the community for many years! Solid location! Solid Tenants! New roof, new parking lot, new HVAC units in 2018! Tenants pay their own utilities. Owner is responsible for property taxes, insurance, and maintenance. 100% Occupied!
Investment highlights
- 10K plus traffic count!
- Long term tenants!
- Prime location!
Listing Contacts
Listed by Plum Tree Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$118,474.00
$9,872.83/mo
Valuation Metrics
0
DSCR
7.4%
Cap Rate
7.4%
ROI
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