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3 Adjacent Buildings on Crookshank Rd

3 Properties Offered at $4,755,544 CAD in Cincinnati, OH

Executive Summary

3 adjacent buildings on Crookshank Rd, Cincinnati OH that can be bought together or separately.
1) 5075 Crookshank - Restaurant building leased for NNN to O'Charley's. Long-term tenant open and successfully operating with a few years left on lease and strong history of renewal. 6,128 sq ft building with 126 parking spaces on 2.353 acres. Individually priced at $1,610,500 representing a 6% cap rate.
2) 5095 Crookshank - Vacant office & warehouse flex building totaling 19,884 sq feet with 50% office & 50% warehouse. Building is in good condition and is ready to occupied or leased. Warehouse ceiling height varies from 12-20'. 3 drive-in doors, no docks, ample parking. Individually priced at $1,400,000 representing $70.41 per sq ft.
3) 5101 Crookshank - Nice good condition block warehouse space with retail front. Long-term tenant occupied by KOI Auto Parts on NNN lease. No columns, full hvac, mens & womens restrooms, display window, 14' ceiling height, 2 drive in doors. Individually priced at $375,000 representing over an 11% cap.
Individual listings can be found with the property addresses.

Taxes & Operating Expenses (Actual - 2023)

Annual (CAD)
Gross Rental Income $390,892
Other Income -
Vacancy Loss -
Effective Gross Income $390,892
Net Operating Income -

Taxes & Operating Expenses (Actual - 2023)

Gross Rental Income (CAD)
Annual $390,892
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $390,892
Net Operating Income (CAD)
Annual -

Property Facts

Price $4,755,544 CAD
Price / SF $145.07 CAD / SF
Cap Rate 8.22%
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 2
Total Building Size 32,781 SF
Total Land Area 3.60 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5095 Crookshank Rd, Cincinnati, OH 45238 Flex 19,664 SF 1963 $1,966,552 CAD
5075 Crookshank Rd, Cincinnati, OH 45238 Retail 6,128 SF 1996 $2,262,237 CAD
5101 Crookshank Rd, Cincinnati, OH 45238 Industrial 6,989 SF 1959 -
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  • Listing ID: 31742517

  • Date on Market: 2024-05-08

  • Last Updated:

  • Address: 3 Adjacent Buildings on Crookshank Rd, Cincinnati, OH

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