CubeSmart (Managed) – Cincinnati, Ohio

Property Location

3600 Red Bank Road
Cincinnati, OH 45227

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investment highlights

  • INFILL LOCATION // Situated on Red Bank Road and against Columbia Parkway, two heavily traveled roads (approximately 50K VPD). Dense infill trade area servicing the affluent communities of Hyde Park, Fairfax and Mariemont. There is a Walmart Supercenter a quarter mile away as well as the prestigious Hyde Park Golf and Country Club.
  • EXPANSION OPPORTUNITIES // With 47,000 square feet of rentable industrial space, there comes the opportunity to strategically expand the facility over time while maintaining cashflow in the interim. In addition, the 38,000 square feet industrial space has 30+ foot clear height making a mezzanine level possible.
  • UPSIDE POTENTIAL // Opportunity to capitalizing on an operation that recently achieved stabilized occupancy and is well positioned to push rental rates up to market level while absorbing the new phase III expansion.
  • PREMIUM BUILDOUT // This conversion project offers state of the art amenities and features with excellent access across the property. Major capital expenditures have been invested into the building to include a new roof (partial) as well as updates to HVAC and interior security.
  • EXCELLENT DEMOS // 2021 Population – 68,982 // 2021 Households – 32,875 // 2021 Average Household Income – $115,615

Broker Information

Adam Schlosser

Senior Vice President

Phone: 303.328.2044
Email: aschlosser@marcusmillichap.com
License: CO FA100050407

Charles "Chico" LeClaire

Executive Managing Director

Phone: 303.328.2025
Email: cleclaire@marcusmillichap.com
License: CO EA00147681

Brett Hatcher

Broker of Record

Phone: 614.360.9043
Email: brett.hatcher@marcusmillichap.com
License: OH SAL.2006002356

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