14-year single-tenant medical office opportunity
9250 Blue Ash Rd., Cincinnati
Financial Highlights
Price……………………..$2,250,000
Cap Rate………………..6.6%
In-Place NOI……………$148,762
Annual Rent Increases……………….2%
Building Size……………9,260 SF
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
Offers will be considered as they are received.
:: Keith Yearout +1 513 369 1334 keith.yearout@cbre.com
:: Jim Vondran +1 513 369 1325 jim.vondran@cbre.com
:: Hank Davis +1 513 369 1308 hank.davis@cbre.com
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