3015 Lebanon Rd

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3015 Lebanon Rd

Lebanon, OH 45036
Asking Price
$5.92M
Asset Type
Retail
Class
Class B

What's Special

3015 Lebanon Road is situated along a high-traffic commercial corridor in Lebanon, Ohio, characterized by a mix of established retail hubs and professional services. The property benefits from its proximity to major local anchors and residential neighborhoods, providing a steady stream of local and regional commuters. Accessibility is a primary feature, with direct frontage on State Route 48 and convenient connections to Interstate 71 and State Route 123. This strategic positioning places the site within a short drive of downtown Lebanon’s historic district and modern shopping centers. The property is well-suited for a variety of retail use cases, ranging from boutique storefronts and specialty shops to service-oriented businesses such as hair salons or fitness studios. Given the surrounding demographic profile and high daily vehicle counts, ideal tenants include regional franchises, local retailers, and professional service providers seeking high visibility. The site's layout and prominent signage opportunities cater to businesses that prioritize ease of access and brand exposure within the Warren County market.

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NOI
$80,000
Cap Rate
1.35%
DSCR
0.23
Underwater
Cash-on-Cash
-15.29%
Monthly Payment
$29,303.772
Annual Cash Flow
$-271,645.268

Location & Travel Times