New Construction - 2022| Lease Term Remaining - 10 Years
10894 New Haven Road Harrison OH 45030
$2,939,000
List Price
5.30 %
CAP RATE
$155,764
Current Rent
Double Net
Lease Type
Long Term Lease - 10.3 Years
10% Rent Escalations Every 5 Years - Base Term AND Option Periods
No Early Termination Clause
Double Net Lease with Minimal Landlord Responsibility
Brand New 2022 Construction
Large Capacity Drive-Thru - Fits 20 Vehicles Deep to Accommodate High VPD Interstate Location
Situated on 1.35 Acres: Concrete Parking Lot with 59 Stalls with 2 Ingress/Egress Points
Quality Construction - Tenant Has Ability to Seek LEED Certification
10 Year Roof Warranty
High Visibility with Limited Competition
Located directly adjacent to the Interchange for I-74 and New Haven Road with Combined 60,000+ VPD
I-74 is a major through-fare connecting Davenport, Iowa to Cincinnati, Ohio
Closest Starbucks: West of Subject Property - 30 Miles Away. East of this Location - 8 Miles
Dense Commercial Corridor
Over 1.5M SF of Retail, 3M SF of Industrial and over 1,200 MF Units within a 5-Mile Radius
Nearby National Tenants Include: Kroger, Big Lots, Dollar Tree, Family Dollar, CVS, Walgreens, Goodwill, AutoZone, McDonalds, Tractor Supply, Family & Farm, Home Depot, KFC, and Subway.
Harrison, Ohio: Unprecedented Population Growth of 7% Annually for the Past 3 Years with an Average Household Income of $85,000+
Harrison, Ohio
Harrison is a city (Inc. in 1981) located 10 miles NW of Cincinnati, Ohio. This city is uniquely located on the border of Ohio and Indiana, along Interstate-74. The city is home to more than 31,000 residents, boasting an unprecedented population growth of 7% annually for the past three years due to the culmination of business-friendly government, impressive employer diversification and its close proximity to Cincinnati.
Harrison has an enormous national retail presence including: Walgreens, CVS, Goodwill, Advanced Auto, Dollar General, Home Depot, Tractor Supply, Chipotle, PNC, Dunkin, Urgent Care, Verizon, Subway, Ford, Key Bank, to name a few.
Cincinnati, Ohio
Cincinnati is Ohio's largest metropolitan area and the nation's 30th largest with an estimated population of 2.3M people. Cincinnati is just shy of pre-crisis employment with professional and business services, trade, and transportation as the job growth drivers. Additionally, Cincinnati is home to six Fortune 500 companies with the largest, Kroger, followed by Cincinnati Children's, TriHealth, and the University of Cincinnati. The exceptional job growth has spurred residential, retail, and industrial development within Cincinnati MSA and the surrounding suburbs.
