10205 Reading RdCincinnati, OH 45241

This exceptional Class B office building, totaling 368,571 square feet, presents a compelling investment opportunity. Located at 10205 Reading Rd, Cincinnati, OH 45241, this single-tenant property boasts a 100% occupancy rate, anchored by the Social Security Administration (SSA), a tenant with an S&P AA+ investment-grade credit rating. The SSA recently extended their lease in 2023, securing a firm tenancy for at least four more years, with built-in rental increases every two years. Constructed in 2009 as a build-to-suit for the SSA, the building features LEED Gold certification. The property sits on a 2.08-acre lot in a high-traffic area (16,772 vehicles per day on Reading Road), just 1.5 miles from I-75. Its strategic location offers limited competition, with the nearest SSA office situated 20 minutes away in a multi-tenant building. The property benefits from excellent surrounding amenities, including a Walmart Supercenter, Menards, Starbucks, Chipotle, Walgreens, Arby's, Burger King, Firestone, and ALDI. Furthermore, it's within two miles of the GE Aerospace and Aviation headquarters and manufacturing facility, employing over 7,500 people. The strong demographics, with over 166,800 residents within a 5-mile radius and a projected population increase by 2027, coupled with a daytime population exceeding 271,400 and an average household income of $186,000 within one mile, solidify this property's exceptional value. The asking price is $5,154,832, representing a 7.15% cap rate and a price per square foot of $13.99. This is a fee-simple ownership opportunity.