1 N Commerce Park Dr 25,000 SF 100% Leased Office Building Lockland, OH 45215 $2,115,210 CAD ($84.61 CAD/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Near various retailers such as Wendy's and Marathon Gas
EXECUTIVE SUMMARY
Directly across the street from GE Aerospace which employs over 7,000. Federal Opportunity Zone, HUBZone.
Access Egress 1-75 Exit 13, 800 feet.
Most tenants on short to month-to-month lease terms, adding additional contiguous space available.
Access Egress 1-75 Exit 13, 800 feet.
Most tenants on short to month-to-month lease terms, adding additional contiguous space available.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
25,000 SF
Building Class
B
Year Built
2000
Price
$2,115,210 CAD
Price Per SF
$84.61 CAD
Cap Rate
7.50%
NOI
$158,641 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,250 SF
Slab To Slab
9’
Building FAR
0.57
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
office - Highway Commercial, Office at Exit 13, I-75
Parking
40 Spaces (1.6 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
PROPERTY TAXES
| Parcel Number | 641-0012-0081 | Improvements Assessment | $373,603 CAD |
| Land Assessment | $79,966 CAD | Total Assessment | $453,569 CAD |
