Offers Due: Friday, August 16, 2013 by 5:00 PM EST
Investment Highlights
- Irreplaceable Location: 9250 Blue Ash Road enjoys an irreplaceable location in one of Cincinnati’s strongest performing office submarkets
- Desirable Tenant: Stabilized single-tenant, net leased medical office building 100% leased to The Christ Hospital (Moody’s – Baa1) through December 2028
- Strong Cash Flows: Immediate access to strong cash flow with 2% annual increases
- Minimal Landlord Responsibilities: Tenant reimburses for capital repairs and replacements
- Excellent Demographics: Centrally located among some of the most demographically desirable residential areas in Greater Cincinnati
- Ease of Access: Situated adjacent to the Ronald Reagan Cross County Highway, one of Cincinnati’s most heavily traveled east-west thoroughfares, and just west of Interstate 71, the Property offers patients convenient access from all parts of Greater Cincinnati via major interstate highways and thoroughfares
- Numerous Amenities: Located within walking distance of Blue Ash’s many amenities, including dining, shopping and banking
- Free and Clear of Debt: The Property is being offered free and clear of existing debt, allowing the successful buyer to take advantage of today’s attractive financing options
Financial Highlights
- Price: Unpriced
- In-Place NOI: $147,522
- Annual Rent Increases: 2%
- Building Size: 9,260 SF
Contact Information
Keith Yearout
+1 513 369 1334
Jim Vondran
+1 513 369 1325
Hank Davis
+1 513 369 1308
More Information
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