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5101 Crookshank Rd

6,989 SF Industrial Building Cincinnati, OH 45238 $375,000 ($54/SF) 10.88% Cap Rate

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Investment Highlights

8,200 daily cars
Can be packaged with other properties

Great condition building with retail & warehouse use
Long term tenant on performing lease

Executive Summary

Excellent warehouse/retail flex building rented by KOI Auto Parts on NNN lease. KOI just signed a 3 year renewal in April 24. Listing price reflects nearly an 11% CAP! Building features 6,989 sq ft with ceiling height from 12-20', 2 drive in doors, no columns, customer restrooms and a front retail area. Property can be purchased in a package deal with 5075 & 5095 Crookshank Rd as well.

Property Facts Under Contract

Price	$375,000	Rentable Building Area	6,989 SF
Price Per SF	$54	No. Stories	1
Sale Type	Investment NNN	Year Built	1959
Cap Rate	10.88%	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.86/1,000 SF
Property Subtype	Warehouse General Retail Auto Repair Industrial Service Office Industrial Live Work Unit	Clear Ceiling Height	14 FT
Building Class	C	No. Drive In / Grade-Level Doors	2
Lot Size	0.28 AC

Price	$375,000
Price Per SF	$54
Sale Type	Investment NNN
Cap Rate	10.88%
Property Type	Industrial
Property Subtype	Warehouse General Retail Auto Repair Industrial Service Office Industrial Live Work Unit
Building Class	C
Lot Size	0.28 AC
Rentable Building Area	6,989 SF
No. Stories	1
Year Built	1959
Tenancy	Single
Parking Ratio	0.86/1,000 SF
Clear Ceiling Height	14 FT
No. Drive In / Grade-Level Doors	2

Lighting - Incandescent
Gas - Natural
Water - City
Sewer - City
Heating - Gas

PROPERTY TAXES

Parcel Number	248-0003-0190	Improvements Assessment	$172,730
Land Assessment	$84,460	Total Assessment	$257,190

PROPERTY TAXES

Parcel Number

248-0003-0190

Land Assessment

$84,460

Improvements Assessment

$172,730

Total Assessment

$257,190

zoning

Zoning Code	CC-A (Auditor Land Use 351 - WAREHOUSE/MULTI-TENANT)
CC-A (Auditor Land Use 351 - WAREHOUSE/MULTI-TENANT)

Listing ID: 31742446
Date on Market: 5/8/2024
Last Updated:
Address: 5101 Crookshank Rd, Cincinnati, OH 45238

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