Building 2 7357 E Kemper Rd 9,500 SF 100% Leased Office Building Cincinnati, OH 45249 $1,048,801 CAD ($110.40 CAD/SF) 7.47% Cap Rate
INVESTMENT HIGHLIGHTS
- Immediate cash flow – Three units leased, and the fourth has a rent guarantee.
- HOA Fees: $174.27 per unit/month.
- Well-maintained office condos in a desirable business corridor.
- Attractive price point – Offered at $757,000, delivering a strong return for investors or an owner-occupant looking for rental income.
EXECUTIVE SUMMARY
Turnkey Office Condo Investment – Fully Leased with Guaranteed Rent on Vacant Unit!
This 4-unit office condo package offers a solid investment opportunity in a prime Cincinnati location! Each unit is 1,200 SF, totaling 4,800 SF of professional office space. Three of the four units are currently leased, generating $5,200/month in rental income, with established tenants, including an attorney and the current owner.
To sweeten the deal, the seller is offering a $1,500/month rent guarantee on the vacant unit, ensuring $6,700/month total income from day one!
This 4-unit office condo package offers a solid investment opportunity in a prime Cincinnati location! Each unit is 1,200 SF, totaling 4,800 SF of professional office space. Three of the four units are currently leased, generating $5,200/month in rental income, with established tenants, including an attorney and the current owner.
To sweeten the deal, the seller is offering a $1,500/month rent guarantee on the vacant unit, ensuring $6,700/month total income from day one!
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$111,392
|
$11.73
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$5,570
|
$0.59
|
| Effective Gross Income |
$105,822
|
$11.14
|
| Taxes |
-
|
-
|
| Operating Expenses |
$27,488
|
$2.89
|
| Total Expenses |
$27,488
|
$2.89
|
| Net Operating Income |
$78,334
|
$8.25
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
9,500 SF
Building Class
B
Year Built
2006
Price
$1,048,801 CAD
Price Per SF
$110.40 CAD
Cap Rate
7.47%
NOI
$78,345 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,750 SF
Slab To Slab
9’
Parking
20 Spaces (2.11 Spaces per 1,000 SF Leased)
1 of 1
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $132,247 CAD (2024) | |
| Land Assessment | $21,918 CAD (2024) | Annual Taxes | $0 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $110,329 CAD (2024) | Tax Year | 2025 |
