2651 Highland Ave
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2651 Highland Ave
4,300 SF 100% Leased Office Building Cincinnati, OH 45219 $500,000 ($116/SF) 8.13% Cap Rate
Investment Highlights
- Great Location near UC and Hospitals
- Well maintained and long established Daycare
Executive Summary
10 Years of Weighted Average Lease Term with rent bumps stabilizing over 11.5%. Well maintained and long established Daycare. Great location near UC and Hospitals.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,300 SF
Building Class
C
Year Built
1966
Price
$500,000
Price Per SF
$116
Cap Rate
8.13%
NOI
$40,656
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,300 SF
Slab To Slab
10’
Building FAR
0.26
Lot Size
0.38 AC
Zoning
OG-T - Designed to preserve the historic character of certain areas/allowing for some modern development that are compatible with the historic environment.
Parking
24 Spaces (5.59 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 092-0001-0060 | Improvements Assessment | $91,819 |
| Land Assessment | $46,001 | Total Assessment | $137,820 |
PROPERTY TAXES
Parcel Number
092-0001-0060
Land Assessment
$46,001
Improvements Assessment
$91,819
Total Assessment
$137,820
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2651 Highland Ave
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