7600 Affinity Pl Cincinnati, OH 45231
High-yield, NNN-leased medical property.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Above-market lease with 3% annual rent increases, offering strong cash flow and inflation protection.
- 10-year remaining lease term provides long-term lease security.
- NNN lease structure minimizes landlord responsibilities.
- Investment in healthcare real estate offers recession resistance.
- Property situated in a rapidly growing USD 36.21 billion (2022) hemodialysis market projected for 6.10% CAGR growth.
- 8% cap rate aligns with current interest rates, enhanced by above-market rent increases.
Property Details for 7600 Affinity Pl
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 4,925 SF
- Year Built
- 2002
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 47,480 SF
Location Insight
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Latitude
- 39.2318275
- Longitude
- -84.5372339
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, NNN-leased medical property.
- Where is the retail property located?
- The property is located at 7600 Affinity Pl Cincinnati, OH.
- What is the asking price?
- The asking price for this property is $1,846,875.
- What are key features of this property?
- This property features: Above-market lease with 3% annual rent increases, offering strong cash flow and inflation protection.; 10-year remaining lease term provides long-term lease security.; NNN lease structure minimizes landlord responsibilities.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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