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9380 S Mason Montgomery Rd
Mason, OH 45040

Lowe's | Early 10-Yr Extension | A+ Location · Retail Property For Sale

Investment Highlights

  • Best in Class Tenant – Lowe’s is a top Fortune 500 company, ranked ahead companies like Proctor & Gamble, PepsiCo, Walt Disney, and Goldman Sachs
  • Commitment to Location – Lowe’s has been at the location since 1997
  • New Roof with 20-Year Warranty; Re-Paved & Re-Striped Parking Lot by 2021
  • Long-Term Lease with Increases - The investment yields an average return of 6.00% over the remaining initial term.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
128,747 SF
Building Class
B
Year Built
1997
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
13.90 AC
Zoning
Commercial

Amenities

  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC

About 9380 S Mason Montgomery Rd , Mason, OH 45040

• High Growth and Wealthy Suburb of Cincinnati - There are ±150,000 people in the 5-mile radius with an average household income greater than $110,000. The growth rate in the nearby radius has been tremendous, nearly 50% in the 1-mile radius over the last decade and strong growth expected over the next decade. Downtown Cincinnati is located just 20 miles south of the subject property. Cincinnati is a top MSA ahead of Austin, Kansas City, Nashville, Jacksonville, and Indianapolis. • The New Downtown - The District at Deerfield is being developed directly across the street and is poised to become the Cincinnati area’s newest mega entertainment district. The development will encompass about 28 acres which will have 350+ high-end apartment units and 95,000 square feet of street-level retail space. The public-private partnership will be a vibrant, new downtown district for the community. • Desirable Retail Location - The property is surrounded by over a million square feet of retail with tenants like Walmart, Whole Foods, Regal, Kroger, Hobby Lobby, Costco, Target, anchoring the area. Additionally, there are hundreds of thousands of square feet of multifamily and office in the immediate vicinity. The property benefits from freeway visibility with nearly 100,000 VPD and is located along the main thoroughfare with over ± 81,600 VPD

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0821579
Land Assessment
$2,046,326
Improvements Assessment
$6,080,437
Total Assessment
$8,126,763
  • Listing ID: 18516762

  • Date on Market: 2020-02-13

  • Last Updated:

  • Address: 9380 S Mason Montgomery Rd, Mason, OH 45040

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