Altafiber

For Sale

7688 Mall Road, Florence, KY 41043

This Florence property for sale is located at 7688 Mall Road. Contact the listing broker for details on the current sale price for Altafiber. Altafiber is situated on a lot that is 0.75 acre in size.

Contacts

broker
Christopher Nachtrab

Lee & Associates

Property Details

  • Property Type Retail - Freestanding
  • Property Size 5,220 SF
  • Units 1
  • Lot Size 0.75 Acre
  • Property Tenancy Single Tenant
  • Year Built 1990
  • Year Renovated 2013
  • Date Updated Jan 15, 2025
Free standing retail building on a traffic light corner with dedicated turn lane is available with 692' of frontage on Mall Road. The Altafiber building is in a high traffic area next to Florence Mall. Anchors in the mall include Macy's. Macy's Furniture, Cinemark Theater, JCP, and other retail and restaurant users. Location is also two minutes from I-75.As part of Macquarie Asset Management's infrastructure portfolio, Altafiber—formerly known as Cincinnati Bell—is a key telecommunications asset for the Group. Macquarie Group is a global leader in financial services, operating across asset management, banking, capital markets, and commodities. Known for its long-standing profitability, Macquarie has a presence in over 30 countries, focusing on sustainable growth and investing in high-value sectors such as digital infrastructure, green energy, and real estate. The Group’s operations are diversified, balancing annuity-style earnings with market-facing activities to achieve stable and resilient revenue streams.Free standing 5,220 SF building on 0.75 acres of land available for lease or ground lease. Lease rate is $28.00 PSF + NNN. Ground lease rate is $150,000.
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Highlights

  • Altafiber (formerly Cincinnati Bell) is Greater Cincinnati’s local phone, fiber optic internet, and TV provider. Altafiber (a division of the Macquarie Group) purchased Cincinnati Bell in 2021. The site serves as their northern Kentucky regional retail store.
  • CREDIT RATINGS:
  • Moody's: A1 (Stable) for long-term senior unsecured debt?
  • S&P Global Ratings: BBB+/Stable/A-2?
  • Fitch Ratings: A (Stable) for long-term IDR
  • $35,250 TIA already escrowed by seller for tenant’s use upon lease renewal.

Getting around

  • 57/100

    Walk Score ®

  • 28/100

    Transit Score ®

  • 42/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Florence, KY
  • Neighborhood Boone Vista - Buckingham Woods
  • Zip Code 41043
  • Market Cincinnati

Points of Interest

  • Subway

    1.42 miles

  • Concourse B

    3.66 miles

  • Concourse A

    3.80 miles

  • Main Terminal

    3.91 miles

  • Columbia Sussex

    5.74 miles

  • Kroger

    0.08 miles

  • Speedway

    0.53 miles

  • Costco Gasoline

    0.85 miles

  • Tesla Supercharger

    1.15 miles

  • Marathon

    1.15 miles

  • Thorntons

    1.26 miles

  • Shell

    1.38 miles

  • Tesla Destination Charger

    4.01 miles

  • Florence Hub Park & Ride

    0.79 miles

  • Amazon KCVG Parking

    2.46 miles

  • Erlanger Municipal Center Parking

    2.96 miles

  • Airport Viewing Area

    3.30 miles

  • Ready Return

    3.97 miles

  • Quick Turnaround

    3.98 miles

  • Terminal 1 Lot

    4.03 miles

  • Main Terminal Lot

    4.06 miles

  • Terminal 2 Lot

    4.06 miles

  • CVG ValuPark

    4.81 miles

  • Five Guys

    0.07 miles

  • Qdoba

    0.11 miles

  • Chuck E. Cheese

    0.13 miles

  • Chipotle

    0.23 miles

  • Quaker Steak & Lube

    0.26 miles

  • Raising Cane's

    0.35 miles

  • Skyline Chili

    0.36 miles

  • Olive Garden

    0.37 miles

  • City BBQ

    0.38 miles

  • BJ's

    0.41 miles

  • Sears

    0.15 miles

  • Kroger Marketplace

    0.18 miles

  • TJ Maxx

    0.19 miles

  • Burlington

    0.31 miles

  • Gordon Food Service

    0.72 miles

  • Walmart Supercenter

    0.92 miles

  • Kohl's

    1.03 miles

  • ALDI

    1.10 miles

  • Meijer

    1.20 miles

  • Remke Markets

    1.44 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Christopher Nachtrab

Lee & Associates

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