5650 Tylersville Rd
14,325 SF Retail Building Mason, OH 45040 $2,750,000 ($191.97/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Leased, Single-Tenant Investment
- Located at the busy intersection of Tylersville Road and Reading Road
- Long-Term lease stability with over 10 years remaining on the lease
EXECUTIVE SUMMARY
Secure a high-quality investment with a fully leased commercial property, providing immediate cash flow from a reputable tenant with over 10 years remaining on the lease. Warped Wing Brewing Company, a successful local brewery with over 10 years of operational experience and has a strong presence in the Dayton/Northern Cincinnati area. Located at the busy intersection of Tylersville Road and Reading Road offering prime visibility near the heart of Mason. Mason Ohio is ranked #5 on Fortune’s top 50 list for “Best Places to Live for Families” and is fast-growing, with a 332% population increase over the last 13 years.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$192,000
|
$13.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$192,000
|
$13.40
|
| Taxes |
$27,034
|
$1.89
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$27,034
|
$1.89
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
14,325 SF
Year Built/Renovated
2004/2021
Price
$2,750,000
Price Per SF
$191.97
Cap Rate
6%
NOI
$165,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.09
Lot Size
3.73 AC
Parking
195 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
192’ on Tylersville Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,704,950 (2024) | |
| Land Assessment | $866,580 (2024) | Annual Taxes | $27,034 ($1.89/SF) |
| Improvements Assessment | $838,370 (2024) | Tax Year | 2023 |
