Tide – Mason Montgomery Rd_Property for Sale
Tide – Mason Montgomery Rd_Property for Sale
8100 Mason Montgomery Road, Mason, OH, 45040, US

Tide – Mason Montgomery Rd

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer the opportunity to acquire the fee simple interest in the Tide Cleaners Asset located at 8100 S Mason Montgomery Rd, Cincinnati, OH (the “Property” or “Asset”). The Property is currently operated by Consolidated Cleaners Inc. (the "Tenant"), a national franchisee of Tide Cleaners. The Asset is an original build-to-suit facility and specializes in both environmentally friendly on-site cleaning and customer drop-off for services being conducted at off-site facilities. Consolidated Cleaners, Inc. will be positioned as a lease guarantor (tenant’s parent entity) and features 20+ locations nationally with strong profitability metrics. Having a decade-plus of operating experience, Consolidated Cleaners currently operates in the Cincinnati, Charlotte, Sarasota, and Naples markets. Upon closing, the Tenant will enter into a 15-year, Absolute NNN lease with five percent (5.0%) escalations every five years.

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Attributes

Building area net
425 m²
Year built
2010
Asking price
IDR 33,706,463,000
Cap rate
6.5%
NOI
IDR 2,190,921,000
WALT
15 years

Media

Investment Highlights

  • Experienced Operator and Guarantor
  • 15-Year Lease Term with 5% escalations every 5 years
  • Absolute NNN Lease with no landlord responsibilities
  • Average Household Income within a 1-mile radius of $192k
  • Exposed to 30k VPD (Vehicles Per Day)
  • Adjacent to Deerfield Town Center (4.4 million visits annually)


Tide – Mason Montgomery Rd 4_Property for Sale

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Tide – Mason Montgomery Rd (0 Properties)

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Last updated
26 Mar 2025