550 Old State Route 74Cincinnati, OH 45244

For Lease
Call for price

Three Outparcels, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial property, located at 550 Old State Route 74 in Cincinnati, Ohio, presents a rare opportunity for retail development. The 3.3-acre lot features three available outparcels ideal for ground lease, offering excellent visibility and accessibility. Situated at the signalized intersection of State Route 32 and Mt. Carmel Tobasco Road, this location boasts an impressive average annual daily traffic (AADT) of 18,825 vehicles. The property benefits from its proximity to major thoroughfares, including I-275 (AADT 81,261), ensuring high traffic volume and exposure. Furthermore, its location less than 1.5 miles from Eastgate Mall and numerous national retailers such as Chase Bank, Chick-fil-A, Kohl's, Best Buy, Sam's Club, and Chipotle, provides a strong retail environment and established customer base. The substantial daytime employment population exceeding 21,000 within a 3-mile radius guarantees a large pool of potential customers. This property offers a unique chance to establish a thriving retail presence in a high-demand area of Clermont County (zip code 45244). The existing Wawa co-tenancy further enhances the desirability and potential for success. Total building square footage is currently 1 square foot, indicating the land is primarily for development.

Highlights

  • 3.3-acre retail development site in Cincinnati, OH (zip code 45244).
  • Three available outparcels (1.34 acres, 0.96 acres, and 1 acre) ideal for ground leases.
  • $110,000/year ground lease rate for each pad.
  • High-traffic location at the signalized intersection of State Route 32 and Mt. Carmel Tobasco Road (AADT 18,825); proximity to I-275 (AADT 81,261).
  • Strong retail environment near Eastgate Mall and numerous national retailers.

Unit(s) available at that property

Space
Option 1
Size
0 SF
Space
Option 2
Size
0 SF
Space
Option 3
Size
0 SF

Location Insight

City
Cincinnati
County
Clermont
State
Ohio
Latitude
39.1045501
Longitude
-84.2972944
550 Old State Route 74, Cincinnati, Ohio

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550 Old State Route 74
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