20 Mile Station

Property Type: | Property Status: Sold

20 Mile Station

Property Details

Price: $2,950,000

CAP Rate:

Square Feet: 22563

Tenancy Type: Mixed

Lease Type: NNN

Location Info

Address: 8944 Columbia Road

City: Loveland

State: OH

Zip: 45140

Property Description

Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale 20 Mile Station, an 88% occupied retail/medical center anchored by DaVita Kidney Care and Cincinnati Dental Services located in the affluent suburban community of Loveland, Ohio. With approximately 70% of the center leased to 2026 and beyond, the tenants have proven their desire and commitment to the building and market.

Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the seller, a private investor out of the Cincinnati area. The Northwest Ohio buyer was found prior to marketing the property for sale and purchased the property for a 7.24% CAP Rate and approximately 97% of the list price. Through marketing efforts, the Cooper Group had a significant amount of interest on the property and generated over 25 competitive offers!!