10700 Montgomery RdMontgomery, OH 45242

This fee-simple, Class B office building at 10700 Montgomery Road, Cincinnati, OH 45242, presents a compelling value-add investment opportunity. The 60,599 square foot (61,227 net rentable) multi-tenant property currently boasts 60% occupancy, significantly below the submarket average of approximately 15%. A strong pro-forma NOI of $492,845 projects a 12.48% cap rate, indicating substantial upside potential. The asking price is $3,950,000, translating to $64 per square foot. The building features 245 parking spaces and is situated on a major corridor with excellent highway access via Interstates 275 and 71, providing unparalleled convenience for tenants and employees. The property is zoned for commercial use and benefits from prominent building signage. The current NOI is $105,725. This three-story building is located in the highly desirable Mason Montgomery office submarket, an area experiencing significant redevelopment and increased leasing activity. The property's strategic location and current occupancy levels offer a unique chance to increase value through lease-up and potential property improvements. This presents a rare opportunity to acquire a well-positioned asset in a thriving market.