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Retail & Office Available | Central CBD Location

Listing was updated on: 09/06/2019
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Property Overview

Price/Rent PSF $ 1,695,000.00
Asset Type Office
Trade Type Sale & Lease
SQ. FT. Available 19,000
Date Available 09/06/2019
Additional URL Link
Floors 5
Additional parameters Show
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Description

Location
Central CBD Location. Downtown Cincinnati features trendy, high-scale residential space (including luxury condos) surrounded by a variety of commercial space and numerous attractions including the high-rise Contemporary Arts Center, Aronoff Center, the National Underground Railroad Freedom Center, and the Taft Museum of Art.

The Banks, just minutes away, is a new, waterfront mixed-use development hosting a variety of bars and restaurants. It draws very large crowds, especially following sporting events at the adjacent Paul Brown Stadium and Great American Ball Park, the stadiums of the Cincinnati Bengals and Cincinnati Reds. Downtown Cincinnati is also a transportation hub, served by Fort Washington Way which connects interstates I-71 and I-75 with Route 50.

Downtown Cincinnati is evolving and thriving as a residential neighborhood. Occupancy of
residential rental properties estimated at 96% and increasing sale prices for homes and
condominiums reflect the growing interest in a downtown lifestyle. Over 700 new residential
units are currently under construction with Seven at Broadway, @580, and Mercer
Townhomes recently completed. Perceptions and statistics show that residents and
Visitors experience downtown as vibrant, safe and clean. Retailers and developers are providing more amenities for residents, including dog parks, green space, and grocery and pet supply stores (www.downtowncincinnati.com). As the downtown Cincinnati population grows, businesses develop to meet the needs of residents. Corner markets like Sunshine Fine Food Deli, public markets like Findlay Market and the seasonal Strauss Troy Market on Fountain Square, and the Kroger store in Over-the-Rhine provide grocery amenities within walking distance as demand builds for additional options.

Sale
Sale Price: $1,695,000
Lease Rate: $15.00 MG
4,000 SF Per Floor
16,000 SF Contiguous Space
3,500 SF Retail (Sub Disable)
Minutes from Fountain Square, the Stadium, the Ballpark, and More!



Lease
Office Lease Rate: $15.50 MG
4,000 SF Per Floor
8,000 SF Contiguous Space 4th and 5th w internal staircase
Up to approximatly 3,000 SF Retail (Only 1,150 SF Remaining) Retail Rate $18.50 NNN
Minutes from Fountain Square, the Stadium, the Ballpark, and More!
Divisible to 4,000 SF Suites on Multiple Floors
Private, Executive Offices & Conference Room
Bathrooms On Each Floor
Existing Security System
Serviced by Elevator
Two Blocks from Streetcar & New Renaissance Hotel
High Visibility & Walkability

Location

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