Off-Market 9% Cap Strip Center w/ Strong In-Place Cash Flow + Long-Term Upside - True Mailbox Money!
Location: Fairfield (Cincinnati MSA), OH 45014
Summary:
- Asset Type: Retail Strip Center
- GLA: 25,829 SF
- Occupancy: 81% (9 of 11 Units Leased)
- Lease Type: Modified Gross
- Price: $3,241,000
- Cap Rate: 9%
- 2024 NOI: $291,702.93
Location Overview:
- Prime retail location in Fairfield, OH, a high-growth Cincinnati MSA suburb
- Excellent visibility and frontage with high traffic volume
- Surrounded by national tenants and dense rooftops
- Strong rental demand and retail stability in the immediate trade area
Investment Highlights:
- Stabilized with Upside – 81% occupancy leaves upside to push NOI further
- Strong Cap Rate – 9%, outperforming market averages
- Ideal for Private Investors – Clean financials and immediate yield
- Value-Add Opportunities – Lease rollovers and rent increases possible in the mid-term
Value-Add Potential:
- Opportunity to increase rents to market over time
- Potential to improve tenant mix or convert leases to NNN
- Ability to refinance or exit at a higher valuation after holding period
- Resale on open market between 5-6% Cap Rate once fully stabilized
Buyer Criteria:
- We are seeking a Cash/Private money buyer who can close quickly
- Must be willing to close with Fidelity National Title
Financials:
Rent Roll | T-12 | CoStar Underwriting Report available upon receipt of recent Proof of Funds
Next Steps | Interested Investors Should:
- Submit a current Proof of Funds: John@CleareToClose.com
- Request access to financials and due diligence materials
- Contact us directly to discuss Acquisition Strategy, Timeframe to Close or schedule a Walkthrough
*First Come First Serve Opportunity:
- No bidding wars!
- The first investor to commit a purchase agreement with a $130,000 non-refundable deposit (and after performing proper due diligence) will have the full priority to add this property to their portfolio.
READY TO LOCK THIS IN?
Use the “Buy Now” button to submit your offer & Proof of Funds.
John Cleare
248-217-6055 (Text/Call)
John@CleareToClose.com
AGENTS/WHOLESALERS: If you have a buyer ready to go, add your fee on top. Contact us for JV instructions.
DISCLAIMER: This is a double close contract. This company has Direct Contract with Owner. This company, its members or employees make no guarantees concerning property condition, value, characteristics or financial benefits. This company has equitable contractual interest in the properties marketed. Buyer to perform their own due diligence prior to contract. Buyer to pay all closing costs. This company does not represent the owner. There is no agency, expressed or implied, between any parties and Cleare To Close. DO NOT CONTACT THE OWNER/SELLER without our consent. Any attempts to renegotiate or make contact with the owner will result in legal action. Any conversations through text, email, communications through InvestorLift, or phone calls do not constitute acceptance of an offer; all sales will be finalized through a written purchase agreement signed via DocuSign.