- For Sale $205,000
- Property Type Other
- Year Built 1978
- Date Updated Jul 4, 2026
Description
Prime Corridor. Tenant in Place. Built-In Upside.
Rare opportunity to acquire a single-tenant, stand-alone retail building on the highly visible Lebanon Road corridor in North Cincinnati. This well-positioned property is currently occupied by Peyton Kitchen & Bath, providing immediate in-place income with clear rental upside potential.
Investment Highlights
Standalone Retail Building
Single-Tenant Investment
High-Visibility Location on Lebanon Rd
Offered at $205,000
Current Rent: $1,300/Month
Below-Market Lease Rate - Strong Upside Through Rent Repositioning - Income Opportunity
The property is currently leased at $1,300 per month, a rate materially below prevailing market rents for similar stand-alone buildings in this submarket. This creates a compelling value-add opportunity for investors seeking: Rent growth through lease renegotiation, Long-term repositioning, Owner-user conversion potential
Stable, simple single-tenant management. Small stand-alone retail assets along Lebanon Road rarely come available at this price point.
Location Advantages
-Strong traffic counts along Lebanon Rd
-Established commercial corridor
-Dense surrounding residential demographics
-High barrier-to-entry for small freestanding buildings
-Excellent visibility and signage exposure
Ideal Buyer Profile
Local investor seeking rental growth
Owner-user planning near-term occupancy
1031 exchange buyer targeting stable retail corridor
Private investor seeking entry-level single-tenant asset
At $205,000, the property is positioned competitively relative to replacement cost and current corridor demand. The real story is not the current rent — it’s the upside.
This is a location-driven investment with income growth built in.
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Contacts
Patrick Williams
Coldwell Banker Heritage
Location
Located at 11700 Lebanon Rd, Cincinnati, OH 45241, this property is part of the Sharonville neighborhood and Cincinnati market.
Contact Listing Broker
Patrick Williams
Coldwell Banker Heritage