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Cornerstone Plaza 4727-4785 Dixie Hwy

96,313 SF 100% Leased Retail Building Fairfield, OH 45014 $7,827,960 ($81/SF) 8.23% Cap Rate

Investment Highlights

  • 96,313 SF Building With 13 Suites
  • Total Population Within 5 Miles Is In Excess Of 168,400 Residents
  • Fully Occupied Bustling Retail Center With Incredibly High Visibility And Ease Of Ingress And Egress
  • Prime Retail Location In Fairfield, Ohio (Cincinnati MSA)
  • Average Household Income Exceeds $93,600 Within 5 Miles
  • Over 27,200 Vehicles Per Day In Front Of Property

Executive Summary

FULLY-OCCUPIED MULTI-TENANT RETAIL CENTER FOR SALE

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
96,313 SF
Building Class
B
Year Built/Renovated
1956/2024
Price
$7,827,960
Price Per SF
$81
Cap Rate
8.23%
NOI
$644,241
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.28
Land Acres
7.95 AC
Parking
352 Spaces (3.65 Spaces per 1,000 SF Leased)

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection

Nearby Major Retailers

The YMCA
KeyBank
Chase Bank
Perkins Restaurant & Bakery
Hot Head Burritos
Waffle House
U.S. Bank
PNC Bank
Applebee's
First Financial Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A0700-033-000-011
Land Assessment
$41,580
Improvements Assessment
$0
Total Assessment
$41,580
  • Listing ID: 33840441

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 4727-4785 Dixie Hwy, Fairfield, OH 45014

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