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

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

Location: Springdale (Cincinnati MSA), OH 45246

Summary:

• Asset Type: Retail Strip Center
• GLA: 33,350 SF
• Occupancy: 90% (9 of 10 Units Leased)
• Lease Type: Modified Gross
• Price: $4,947,000
• Cap Rate: 9%
• 2024 NOI: $420,574.48

Location Overview:

• Prime retail location in Springdale, OH, a core Cincinnati suburb
• Excellent visibility and frontage with high traffic volume
• Surrounded by national retail anchors, residential density, and major employers
• Minutes from major interstates (I-275 and I-75)

Investment Highlights:

• Stabilized + Upside – 90% occupancy with near-term lease-up potential
• Strong Cap Rate – 9%, exceeding local market average
• Immediate Cash Flow – Solid in-place NOI: $420K+
• Desirable Price Point – Attractive asset under $6M with scale
• Ideal for Private Investors – Clean financials and immediate yield
• Long-Term Potential – Increase NOI with one new tenant + possible rent bumps

Value-Add Potential:

• Opportunity to increase rents to market over time
• Potential to restructure leases or transition tenants to NNN
• Ability to refinance or exit at a higher valuation after holding period
• Boost curb appeal, tenant signage, or center branding for added value
• Resale on open market between 5-6% 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 $150,000 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]