Sudbrack | Kron Commercial Real EstateSudbrack | Kron Commercial Real Estate

Properties

Key Bank NNN Springdale

Address:
11355 Princeton Pike
City:
Cincinnati
State:
OH
Zip Code:
45246

Building Size:

2,879

SF

Asking Price:

$

1,425,803

CAP Rate:

6.8

%

Lease Type:

NNN

Space Description:

Absolutely NO Landlord responsibilities. Can be purchased with another Key Bank NNN investment. Both sites are located in the Cincinnati, Ohio MSA. 

Property Description:

Absolute net leased investment with Key Bank. Long term banking location with nearly 43 years of tenancy. Located in the Northern Cincinnati suburb of Springdale. 

Location Description:

Located in the Northern Cincinnati suburb of Springdale. Signalized hard corner, high traffic corridor with over 15,000 cars daily.  

Property Highlights:

NOI: $96,954.57

Cap Rate: 6.80% Absolute NNN 

Yearly CPI Increases

Credit BBB+

10 Yr Lease Exp. 10/27