Hilliard Rome Commons
1710 Hilliard Rome Road, Hilliard, OH, 43026, US
9.933 m²
Beschreibung
Address: 700 Eastgate South Drive, Cincinnati, OH 45245
GLA: 189,312 SF
Year Built/Renovated: 1990/2017
Occupancy: 100%
WALT: 3.9 Years
Weighted Average Tenant Tenure: 10.5 Years
Year 1 NOI: +/- $2,880,000
5-Year CAGR: 2.0%
Jon Vanderplough Licensee #: OH - 2005015674
...
Eigenschaften
Vermietungsstand
100 %
Baujahr
1990
Medien
Investment-Highlights
- Dominant Position Within the Eastgate Trade Corridor
- 32 East sees 2M annual visitors
- Located directly off State Route 32 (55,500 VPD)
- Across from Jungle Jim's International Market – drawing 3.4M annual visitors
- Stable, Long-Term Cash Flow with Embedded Upside
- Weighted average in-place rents for anchor tenants (+20,000 SF) are ~43% below market
- Retail market asking rents are up 5.1% YOY
- Multiple Spin-Off Opportunities
- Two, 100% occupied multitenant outlot buildings offer investors exit flexibility at profitable cap rate arbitrage
- Strong Demographic Profile
- $110K Avg. Household Income within 3-mile radius and $130K within 5-miles
- National Credit Anchor Lineup with Secure Income Stream
- ~97% of GLA occupied by national tenancy
- No single tenant contributes more than 17% of income to the center
- Proven Tenant Retention and Long-Term Commitment
- 63,180 SF of recent renewals across 4 tenants:
- Recent 5-7 year extensions from Michaels, HomeGoods, Five Below, and Ulta
- Michaels in-place since 1998 (28+ years of operating history at the asset)
Ihre Ansprechpartner
32 East (0 Objekte)
JLL kann Sie bei der Finanzierung und Verwaltung Ihres Portfolios unterstützen. Kontaktieren Sie uns noch heute, damit wir gemeinsam Ihre Ambitionen verwirklichen können.
Zuletzt aktualisiert
Jun 16, 2026
