S|KSudbrack|KronCommercial Real Estate Services

97,678

5,225,000

8.8%

Cornerstone Plaza is a 97,678 SF multi-tenant retail center located in the Northern Cincinnati suburb of Fairfield, OH, in Butler County, Ohio's 4th fastest growing county. It's 20 minutes North of Downtown Cincinnati and borders Interstate 275 on the South.

At the signalized corner of 4 lane Dixie Highway (Route 4) and Magie Avenue. Average daily traffic counts of 45,000 vpd along one of the busiest retail corridors in the Metro, just North of the famous Jungle Jim's International Market. Dixie Highway is the main retail corridor for this strong consumer market from I-275 to Hamilton, OH. Population exceeds 150,000 in the 3 mile with average income over $72,000.

The site offers easy ingress-egress, great curb appeal with renovated façade, landscaping and digital pylon sign.

Upside exists in tenanting vacant space, raising rents which are well below market, pass through expenses and developing vacant space in front of the center.

Directly across from Wendy's and McDonald's.

Complimentary Tenant Mix

Long-Term Tenants with below market rents

Value-Add Opportunity

Lease remaining 18% of total GLA

Positive leasing submarket

Priced well below replacement costs

Recent capital improvements include roof, façade, parking lot, signage, landscaping

Signalized hard corner with multiple points of ingress and egress

Positioned along heavily travelled retail corridor