7589 State Route 73, Wilmington Ohio - Retail/Flex Available

This property, represents a promising investment opportunity, particularly for businesses in the light industrial sector. Its strategic location is central to three major cities—Cincinnati, Dayton, and Columbus—which facilitates easy access to a broad market and diverse supply chains. This central positioning is ideal for businesses aiming to minimize transportation costs and maximize efficiency in distribution. The proximity to these urban centers not only enhances logistical operations but also provides access to a larger pool of potential employees and customers. Moreover, the area's economic stability and growth prospects make it an attractive spot for light industrial companies looking to expand or establish new operations. Investing in this property could leverage the geographic advantages and economic dynamics of the region, leading to significant returns.3CRE is excited to present 7589 St RT 73, Wilmington, OH 45177, a prime opportunity for a retail/flex user in a 13,136 square foot building, spanning on 1.7 acres. With an impressive 620+ feet of frontage, adjacent to I-71 and parallel to State Route 73, businesses can enjoy unparalleled connectivity and efficiency, making it the ideal choice for industries that prioritize timely operations and accessibility.The market rate for 7589 State Route 73, has been assessed at $8.00 per square foot. Additionally, there is a charge of $1.75 per square foot covering property taxes, property insurance, and expenses for the maintenance of common areas. It Is important to note that this additional rent may vary within the lease agreement depending on the incentives and allowances invested by Landlord in securing a new tenant and lease. A net operating Income of $105,088 could increase the properties value to approximately $1.31 million dollars, assuming a capitalization rate of 8.00%. The $8 SF/YR base rent assumes a five-year lease to a regional or national tenant with the space in a warm white-box condition with minimal tenant allowance.