Parkland Theatre | 6550 Parkland Ave
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Parkland Theatre 6550 Parkland Ave
10,632 SF 100% Leased Retail Building Cincinnati, OH 45233 £1,264,016 (£119/SF) 10.94% Net Initial Yield
Investment Highlights
- 3 business investment opportunity! Restaurant/Sports Pub, Movie Theatre and apartments
- Fully renovated and updated property, including HVAC, electrical, and roofing
- Well maintained and managed business with long term ownership
- Includes operational marquee
Executive Summary
3 Business investment opportunity. Property includes Movie Theatre, Sports Pub w/liquor license, and 4 rental apartments. This Movie Theater is the longest running theater in Tri-State area. The Pub has been fully renovated - all new electric. An investor looking to diversify with owning one property with 3 unique business opportunities!
Data Room Click Here to Access
Financial Summary (Actual - 2021) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2021) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
10,632 SF
Building Class
C
Year Built/Renovated
1894/2022
Price
£1,264,016
Price Per SF
£119
Net Initial Yield
10.94%
NOI
£138,252
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.06
Land Acres
0.23 AC
Zoning
C - Commercial
Frontage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Goals Unlimited
- Arts, Entertainment, and Recreation
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Goals Unlimited | Arts, Entertainment, and Recreation | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 165-0002-0098 | Total Assessment | £58,103 (2023) |
| Land Assessment | £9,215 (2023) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £48,888 (2023) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Number
165-0002-0098
Land Assessment
£9,215 (2023)
Improvements Assessment
£48,888 (2023)
Total Assessment
£58,103 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2021
-
Ed Miller - 6550 Parkland LLC
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Parkland Theatre | 6550 Parkland Ave
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