Off-Market 9% Cap "Strip Center" w/ Strong In-Place Cash Flow + Long-Term Upside - True Mailbox Money!

Location: Springdale (Cincinnati MSA), OH 45246

Summary:

• Asset Type: Retail Strip Center
• GLA: 33,350 SF
• Occupancy: 90% (9 of 10 Units Leased)
• Lease Type: Modified Gross
• Price: $4,673,000
• Cap Rate: 9%
• 2024 NOI: $420,574.48

Location Overview:

• Prime retail location in Springdale, OH, a core Cincinnati suburb
• Excellent visibility and frontage with high traffic volume
• Surrounded by national retail anchors, residential density, and major employers
• Minutes from major interstates (I-275 and I-75)

Investment Highlights:

• Stabilized + Upside – 90% occupancy with near-term lease-up potential
• Strong Cap Rate – 9%, exceeding local market average
• Immediate Cash Flow – Solid in-place NOI: $420K+
• Desirable Price Point – Attractive asset under $5M with scale
• Ideal for Private Investors – Clean financials and immediate yield
• Long-Term Potential – Increase NOI with one new tenant + possible rent bumps

Value-Add Potential:

• Opportunity to increase rents to market over time
• Potential to restructure leases or transition tenants to NNN
• Ability to refinance or exit at a higher valuation after holding period
• Boost curb appeal, tenant signage, or center branding for added value
• Resale on open market between 5-6% Cap Rate 

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:

1. Submit a current Proof of Funds: John@CleareToClose.com
2. Request access to financials and due diligence materials
3. 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 $150,000 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.