Contact

Blue Ash (Cincinnati), OH 45241

Kroger Fuel Center Ground Lease

Property Address

11220 Reed Hartman Highway, Cincinnati, OH, USA

Offering Summary

  • Price: $2,455,000
  • Lot Size: 1.143 Acres
  • Cap Rate: 5.50%
  • Year Built: 2023
  • Building SF: 272
  • Status: Available
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  • 18+ Years Remaining on Absolute NNN Ground Lease with Kroger (NYSE: KR; S&P: BBB)
  • 15% Rental Increase Occurring in December 2033 with 10% Rental Increases Occurring in Each of 7, 5-Year Renewal Options
  • Kroger Operates Over 1,700 Fuel Stations Nationwide
  • The Subject Property is Situated Just South of Kroger’s Blue Ash Corporate Offices
  • Situated Along the Primary Retail Corridor in Blue Ash within Greater Cincinnati’s Largest Suburban Office Market
  • Densely Populated Cincinnati Trade Area, with a Daytime Population of 247,545 within a 5-Mile Radius
  • Affluent Trade Area - Average Household Income Exceeds $144,000 within 3 Miles

Broker Information

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