Tide – Mason Montgomery Rd_Pand te koop
Tide – Mason Montgomery Rd_Pand te koop
8100 Mason Montgomery Road, Mason, OH, 45040, US

Tide – Mason Montgomery Rd

Objectomschrijving

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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Kenmerken

Netto gebouwoppervlakte
425 vierkante meter
Bouwjaar
2010
Vraagprijs
€ 1.760.000
Cap rate
6,5%
NOI
€ 115.000
WALT
15 jaren

Media

Investeringskenmerken

  • 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_Pand te koop

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Laatst bijgewerkt
26 mrt 2025