1224 Girard Ave, Middletown, OH 45044

9,180 SF | Retail Building | Middletown, OH 45044 | $979,354 ($107/SF) | 7.75% Cap Rate

Asking Price $979,354

Property Type
Retail
Square Feet
9,180 SF
Price / Square Foot
$107

Listing Contacts

Damien Yoder
Damien Yoder
Madison Harman
Madison Harman
Michael Glass
Michael Glass

Property Overview

10.33 Years Remaining on a NN+ Corporately Guaranteed Lease | Tenant Recently Committed to the Site by Extending the Lease
Top Performing Location – This Site Reports Extremely Strong Sales per the Lease | ~Three Percent Rent-to-Sales Ratio
Lease Offers Rental Increase in January 2025
Located on Signalized Hard Corner | Built-to-Suit for Family Dollar in 2004 | Five-Mile Population is 81,161
Two Miles From Cohen Recycling Company: ~400 Employees and $630M in Annual Revenue in 2023
Less than Five Miles from Atrium Medical Center | Atrium Medical Center is a 260-Acre Facility and is Part of the Premier Health Network | 324 Beds, Level III Trauma Center, Primary Stroke Center and the Only Accredited Chest Pain Center in Warren County | 500 Employees | Ranked Among America’s 100 Best Hospitals by Healthgrades
Placer.ai Statistics: Year-Over-Year Visits Have Increased by 13.4% | Ranks in the Top 74% in US, Top 77% in Ohio, and is the Highest-Ranking Store Within 15 Miles in Foot Traffic (#1 out of 9)
Centrally Located Between Cincinnati and Dayton, Ohio – 37 Miles From Downtown Cincinnati and 25 Miles From Downtown Dayton | Part of the Cincinnati MSA with a Population of 2.2M

Property Details

Class
C
Year Built
2004
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
48,352 SF

Highlights

  • 10.33 Years Remaining on a NN+ Corporately Guaranteed Lease | Tenant Recently Committed to the Site by Extending the Lease
  • Lease Offers a 5.4% Rental Increase in January 2025 | Located on Signalized Hard Corner | Built-to-Suit for Family Dollar in 2004
  • This Site Reports Extremely Strong Sales per the Lease - See Agent for Details
  • Placer.AI: Year-Over-Year Visits Have Increased by 13.4% | Ranks in the Top 74% in US, Top 77% in Ohio

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