Description
This 16,000 sqft office/flex space is a value-add alternative to locating in CBD. Currently, 80% occupied (~3,000sqft vacant) and collecting approximately $116,000 in rent annually. NOI based on 2025 numbers is $75,453 and PRICED AT A 8.4% CAP RATE. Property located in Queensgate, a commercial neighborhood in Cincinnati. Just minutes from CBD, Queensgate is one of the largest untapped areas for redevelopment, business development, new jobs and new housing in Cincinnati. It has been identified by the City of Cincinnati, and by large developers, as a critical location for the revitalization of the I-75 corridor because of its close proximity to the downtown corridors and easy access to many amenities. This property sits with signage and frontage on 8th street viaduct and Evans St (.2 miles North of Route 50). Directly across from the Police Academy and adjacent to the newly developed Nehemiah factory. This property features 10' ceiling height allowing for a modern, open workspace
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School Ratings & Info
Description
This 16,000 sqft office/flex space is a value-add alternative to locating in CBD. Currently, 80% occupied (~3,000sqft vacant) and collecting approximately $116,000 in rent annually. NOI based on 2025 numbers is $75,453 and PRICED AT A 8.4% CAP RATE. Property located in Queensgate, a commercial neighborhood in Cincinnati. Just minutes from CBD, Queensgate is one of the largest untapped areas for redevelopment, business development, new jobs and new housing in Cincinnati. It has been identified by the City of Cincinnati, and by large developers, as a critical location for the revitalization of the I-75 corridor because of its close proximity to the downtown corridors and easy access to many amenities. This property sits with signage and frontage on 8th street viaduct and Evans St (.2 miles North of Route 50). Directly across from the Police Academy and adjacent to the newly developed Nehemiah factory. This property features 10' ceiling height allowing for a modern, open workspace
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Data last updated 2026-05-11T00:13:34.937.