6283 Tri Ridge Blvd Loveland, OH 45140

This exceptional investment opportunity presents a 160,846-square-foot industrial/flex complex located at 6283 Tri Ridge Blvd, Loveland, Ohio, 45140. The property boasts a 7.69% cap rate and a Net Operating Income (NOI) of $961,032, based on an asking price of $12,500,000. Currently 91.82% occupied, the property features two credit-rated corporate tenants: International Paper and Cold Jet. International Paper, a globally recognized leader in forestry and paper products, holds a seven-year lease, while Cold Jet, a privately-owned company with a long history in Loveland, occupies the space under an eleven-year lease. Both tenants have recently invested over $10 million in facility improvements, including a complete roof replacement and upgrades to parking and loading docks. A new building entry is planned. The 3-story building, constructed in 1995 and extensively renovated in 2022, sits on a 32.239-acre lot. Approximately 13,000 square feet of space is available for lease, presenting significant upside potential. The property is offered fee simple, with lease terms varying by tenant. This is a rare opportunity to acquire a high-quality, net-leased industrial property with strong tenants, significant recent renovations, and substantial vacancy upside in a desirable Ohio location.