4744-4800 Fields Ertel Rd | Cincinnati, OH 45249
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4744-4800 Fields Ertel Rd
Cincinnati, OH 45249
Retail Property For Sale
Investment Highlights
- Property leased 100% by 12 tenants.
- 30,386 SF Anchor Tenant - 10 year renewal pending - November 2024.
- Three parcels - 7.24+/- Acres.
- Forecasted 2025 Income: $874,808.
Executive Summary
Kings Mall Shopping Center consists of 61,876 square feet and is listed for sale. The property is 100% leased with 12 tenants. The property was built in 1987 and renovated in 2012. The site is currently zoned retail and consists of 7.245 acres.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
61,876 SF
Building Class
B
Year Built/Renovated
1987/2012
Price
£6,089,030
Price Per SF
£98
Net Initial Yield
7.85%
NOI
£477,989
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.25
Lot Size
5.67 AC
Zoning
Retail
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £976,063 | |
Land Assessment | £741,906 | Total Assessment | £1,717,969 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£741,906
Improvements Assessment
£976,063
Total Assessment
£1,717,969
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