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Caliber Collision With Additional Storage 4035 & 4039 Glenway Ave

16,886 SF 100% Leased Retail Building Cincinnati, OH 45205 £941,989 (£56/SF) 6.96% Net Initial Yield

Investment Highlights

  • Caliber Collision Location Converted in 2020 With Additional Storage Tenant | 16,886-SF Building on 6 Parcels
  • Corporately Guaranteed Lease: Caliber Collision is The Largest Collision Repair Company in America
  • High Visibility On a Hard Signalized Corner Location With Pylon Signage and Signage Along the Front of the Property
  • Caliber Has 6+ Years Remaining on a 10-Year NN Lease With 2% Annual Rental Increases in the Base Term and 5% Rental Increases in 2 Renewal Options
  • Storage Tenant Commenced a 5 Year NNN Lease in August, No Landlord Responsibilities
  • Proximity to Nationally Recognized Tenants, Including: Kroger, Walgreens, McDonald's, Dollar General, BP, Rally's and More

Executive Summary

Caliber Collision Location Converted in 2020 With Additional Storage Tenant | 16,886-SF Building on 6 Parcels

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
16,886 SF
Building Class
C
Year Built
1958
Price
£941,989
Price Per SF
£56
Net Initial Yield
6.96%
NOI
£65,606
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.88
Land Acres
0.44 AC
Zoning
CC-A
Parking
15 Spaces (0.89 Spaces per 1,000 SF Leased)
Frontage
230 ft on Glenway Ave

Amenities

  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 179-0075-0510
  • 179-0075-0056
  • 179-0075-0360
  • 179-0075-0492
  • 179-0075-0461
  • 179-0075-0065
Land Assessment
£53,862
Improvements Assessment
£111,243
Total Assessment
£165,105
  • Listing ID: 32879055

  • Date on Market: 19/08/2024

  • Last Updated:

  • Address: 4035 & 4039 Glenway Ave, Cincinnati, OH 45205

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