Queen City Medical Center Portfolio
Listing was updated at: 03/28/2019
Property Overview
Price/Rent PSF $ 250,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 71,156
Date Available 03/28/2019
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Floors 3
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Description

Location
The property is located within the City of Cincinnati and Hamilton County, allowing for a number of tax incentives. Qualified applicants may apply for a commercial tax abatement through the City of Cincinnati Community Reinvestment Area (CRA). A Job Creation Tax Credit through the City of Cincinnati is also available to qualified applicants who bring new jobs to the area.


Sale
RealINSIGHT Marketplace and Lee & Associates are pleased to present, to qualified buyers, the opportunity to acquire the medical/office building portfolio located at 2841 and 2859 Boudinot Avenue, Cincinnati, Ohio. This portfolio features two office buildings totaling 71,156 SF located on approximately 5.68 acres in a highly-visible suburban office park in Cincinnati, Ohio, just six miles outside the city’s Central Business District.

2841 Boudinot Avenue is an office building totaling 28,633 SF, located on 3.63 acres with approximately 100 parking spaces for a ratio of 3.5 /1,000. Built in 1999 and known as the Mercy Franciscan Professional Center, the property was the third part of a three (3) building medical campus.

2859 Boudinot Avenue is an office building totaling 42,253 SF, located on 2.05 acres with approximately 125 parking spaces for a ratio of 2.9 /1,000. Built in 1997 and known as the Mercy Franciscan Professional Center, the property was the first part of a three (3) building medical campus.

The properties are situated on a long-term ground lease (expires 9.30.2031) for $1.00/year.

For more information, please visit the RealINSIGHT Bidder Registration FAQ page at https://marketplace.realinsight.com/faq-bid-registration.

Location