11223 Cornell Park DrBlue Ash, OH 45242

This exceptional investment opportunity presents a two-building, Class B executive office complex situated on a 2.05-acre lot in desirable Blue Ash, Ohio. The property, located at 11223 Cornell Park Drive, boasts a total of 5,436 net rentable square feet, with a current occupancy rate of 62%. Built in 1978 and extensively renovated in 2022, the property features modern finishes and flexible space options, catering to a variety of business needs. The complex offers ample parking with 87 surface spaces (a ratio of 7.7 per 1,000 square feet). Additional features include a beautiful lake view, a park-like setting, and a prominent monument sign facing Cornell Park Drive. The property enjoys convenient access to major roadways, I-71 and I-275. Currently generating a strong net operating income (NOI) of $138,486, resulting in a compelling 10.69% capitalization rate, this stabilized investment presents a significant return. The asking price is $1,295,000. There is also 924 square feet available on the first floor. The property is offered with a modified lease type and no tenant credit rating. The property is multi-tenant.