9570 Fields Ertel Rd - Freestanding FOR SALE


Loveland, OH 45140
$9,361,578 USD
773-727-4285
9570 Fields Ertel Rd, Loveland, OH for Sale
$9,361,578 USD
Freestanding - FOR SALE
1/2
null | 9.25% Cap Rate

9570 Fields Ertel Rd
Loveland, OH 45140


HIGHLIGHTS

  • Long-Term Absolute NNN Lease
  • Dense & Affluent Demographics
  • Desirable Annual Rent Increases
  • Expanding National Retailer

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the At Home property located in Loveland, OH (the “Property”). The Property consists of a 128,506-square-foot freestanding retail building on a 13.74-acre parcel of land. At Home is operating under an absolute NNN lease with zero landlord responsibilities whatsoever and around 13 years of lease term remaining, offering a truly passive investment asset with long-term cash flows. The lease provides for 2.00% annual rent escalations throughout the base term and four option periods, boosting the overall investment yield of the asset. See the lease abstract for full details.

FOR SALE DETAILS

PRICE

$9,361,578 USD

PRICE/SF

$73 USD /SF

CAP RATE

9.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

At Home

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

650

LAND DETAILS

LAND ACRES

13.74 AC

LAND SF

598,514 SF

ZONING

EE

APN/PARCEL ID

620-0070-0002,620-0190-0045

ASK ABOUT THIS PROPERTY

BJ FellerNorthmarqMore Info
773-727-4285

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BJ FellerNorthmarqMore Info
773-727-4285

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.