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🔥🏢Fairfield, OH | 9% Cap Strip Center | Value-Add Turn Key Deal! ♻️📬

🔥🏢Fairfield, OH | 9% Cap Strip Center | Value-Add Turn Key Deal! ♻️📬
FOR SALE

$3,241,000

Dixie Highway, Fairfield, OH 45014

25,829 SF

Square Feet

$125

PPSF

9.00%

CAP

Property Description

NOI

$291,702

Cap Rate

9.00%

Off-Market Fairfield, OH | 9% Cap Strip Center | Value-Add Turnkey Deal!

Location: Fairfield (Cincinnati MSA), OH 45014

Summary:

  • Asset Type: Retail Strip Center
  • GLA: 25,829 SF
  • Occupancy: 81% (9 of 11 Units Leased)
  • Lease Type: Modified Gross
  • Price: $3.241,000
  • Cap Rate: 9%
  • 2024 NOI: $291,702.93

Location Overview:

  • Prime retail location in Fairfield, OH, a high-growth Cincinnati MSA suburb
  • Excellent visibility and frontage with high traffic volume
  • Surrounded by national tenants and dense rooftops
  • Strong rental demand and retail stability in the immediate trade area

Investment Highlights:

  • Stabilized with Upside – 81% occupancy leaves upside to push NOI further
  • Strong Cap Rate – 9%, outperforming market averages
  • Ideal for Private Investors – Clean financials and immediate yield
  • Value-Add Opportunities – Lease rollovers and rent increases possible in the mid-term

Value-Add Potential:

  • Opportunity to increase rents to market over time
  • Potential to improve tenant mix or convert leases to NNN
  • Ability to refinance or exit at a higher valuation after holding period
  • Resale on open market at lower Cap Rate

Buyer Criteria:

  • We are seeking a Cash/Private money buyer who can close quickly
  • Must be willing to close with Fidelity National Title

Financials:

Rent Roll | T-12 | CoStar Underwriting Report available upon receipt of recent Proof of Funds

Next Steps | Interested Investors Should:

  1. Submit a current Proof of Funds: [email protected]
  2. Request access to financials and due diligence materials
  3. Contact us directly to discuss Acquisition Strategy, Timeframe to Close or schedule a Walkthrough

*First Come First Serve Opportunity:

  • No bidding wars!
  • The first investor to commit a purchase agreement with a $130,000 non-refundable deposit (and after performing proper due diligence) will have the full priority to add this property to their portfolio.

John Cleare

248-217-6055 (Text/Call)

[email protected]


Property Details

Asset Type

Retail

Year Built

1988

Acres

5

Submarket

Fairfield

ZIP

45014

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$462,785

Debt Service Coverage Ratio (DSCR)

2.51x

Cap Rate

14.28%

Cash Flow (Annual)

$278,417

Cash-on-Cash Return

34.36%

Monthly Debt Service

$15,364

Annual Debt Service

$184,368

View on Map

Address

Dixie Highway

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Fairfield Retail Market Snapshot

Boundary boundary · Retail · Sale

No investors found in this market.

Contact the Listing Team

John Cleare

John Cleare

Broker/Owner | Investor

Call

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John Cleare

John Cleare

Broker/Owner | Investor

Call