550 Old State Route 74Cincinnati, OH 45244

For Sale
Call for price

High-traffic retail land, ground lease options

Overview

Added:
Dec 11, 2024
Days on market:
92
Three outparcels available for ground lease in Cincinnati, OH, at the signalized intersection of SR 32 and Mt. Carmel Tobasco Rd., boasting an impressive AADT of 18,825 vehicles daily. This prime location offers excellent visibility and accessibility, situated less than a mile from I-275 (AADT 81,261). Each parcel presents a unique opportunity, with options ranging from 0.96 to 1.34 acres. The property benefits from a Wawa co-tenancy, ensuring strong synergy and attracting a high volume of customers. Annual ground lease rates are set at $110,000 per pad. The area demonstrates robust economic activity, with a daytime employment population exceeding 21,000 within a 3-mile radius, and proximity to major retail destinations like Eastgate Mall, Chase Bank, Chick-fil-A, Kohl's, Best Buy, Sam's Club, and Chipotle. This presents a compelling investment opportunity for retail users seeking high-traffic exposure and a strong co-tenancy. The address is 550 Old State Route 74, Cincinnati, OH 45244. This is a rare chance to secure a prominent retail presence in a thriving Clermont County market. The property is zoned for commercial use and offers significant potential for growth and return on investment. Serious inquiries only.

Highlights

  • Three outparcels available for ground lease, each with a Wawa co-tenant.
  • Parcel sizes: 1.34 acres, 0.96 acres, and 1 acre.
  • Annual ground lease rate: $110,000 per pad.
  • High-traffic location: SR 32 & Mt. Carmel Tobasco Rd (AADT 18,825), less than 1 mile from I-275 (AADT 81,261).
  • Retail tenants sought.

Property Details for 550 Old State Route 74

Property type
Other retail properties, Other land
Square Feet
1 SF
Lot Size (sq. ft)
41,818 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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