Kenwood Square North 11130-11156 Kenwood Rd

Kate Nguyen, CCIM of KW Commercial is excited to be offering this 100% occupied strip center, with a mix of eight (8) retail tenants investment opportunity in the City of Blue Ash, Ohio! The newly signed leases provide for CAM pass throughs for operating expenses and repairs, 5% escalations in rent, Personal Guaranty, and security deposits. Retail space in Blue Ash has seen an average annual growth rate of 3-5% over the past few years, driven by its affluent population and strong corporate presence. The development around Summit Park and other commercial hubs has been instrumental in spurring retail expansion. There is a strong demand for retail space from both national chains and local businesses, particularly in smaller neighborhood and center catering to the high income residential community and the large daytime corporate population, creating steady demand. Blue Ash maintains a relatively low vacancy rates of 4.5 % in the retail submarket compared to other parts of Cincinnati.
This is a 3.2 acre strip center is conveniently located right behind Reed Hartman Road on Kenwood and Cornell Road offering easy access for shoppers and businesses alike. This strip center is located less than a mile from I-275 and I-71 highway, and conveniently located close to popular spots like Starbucks, Chipotle, McDonalds, and newer developments like Chick-fil-A and Kroger's gas station, making this area more convenient for business employees but also easily accessible for both workday lunches and casual dining.
Blue Ash, Ohio is home to many major corporations, making it a key business hub in the Cincinnati region. Major corporations based in or with significant corporations in Blue Ash include Ethicon Endo-Surgery (a subsidiary of Johnson & Johnson), GE Aviation, Kroger Technology, Sunny Delight Beverages Co., Procter & Gamble (P&G), Mercedes-Benz Financial Services USA, Claritas, Belcan ( a global engineering and consulting technical services firm), Cinco Systems, and Cintas Corporation. These corporations play a significant role in Blue Ash's thriving business community, contributing to its reputation as a key commercial center in the Cincinnati area.