11700 Lebanon Rd, Cincinnati, OH 45241, Cincinnati, OH 45241
sale
$205,000
|
Retail
Courtesy Of Coldwell Banker Heritage
Prime Corridor. Tenant in Place. Built-In Upside. Rare opportunity to acquire a single-tenant, stand-alone retail building on the highly visible Lebanon Road corridor in North Cincinnati. This well-positioned property is currently occupied by Peyton Kitchen & Bath, providing immediate in-place income with clear rental upside potential. Investment Highlights Standalone Retail Building Single-Tenant Investment High-Visibility Location on Lebanon Rd Offered at $205,000 Current Rent: $1,300/Month Below-Market Lease Rate - Strong Upside Through Rent Repositioning - Income Opportunity The property is currently leased at $1,300 per month, a rate materially below prevailing market rents for similar stand-alone buildings in this submarket. This creates a compelling value-add opportunity for investors seeking: Rent growth through lease renegotiation, Long-term repositioning, Owner-user conversion potential Stable, simple single-tenant management. Small stand-alone retail assets along Lebanon Road rarely come available at this price point. Location Advantages -Strong traffic counts along Lebanon Rd -Established commercial corridor -Dense surrounding residential demographics -High barrier-to-entry for small freestanding buildings -Excellent visibility and signage exposure Ideal Buyer Profile Local investor seeking rental growth Owner-user planning near-term occupancy 1031 exchange buyer targeting stable retail corridor Private investor seeking entry-level single-tenant asset At $205,000, the property is positioned competitively relative to replacement cost and current corridor demand. The real story is not the current rent - it's the upside. This is a location-driven investment with income growth built in.
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- MLSID: PQCR56
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