1,100+ Unit Operator

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1,100+ Unit Operator

Middletown, OH 45042
Asking Price
$1.76M
Asset Type
Retail
Class
Class B

What's Special

Situated in the heart of Middletown, Ohio, this retail asset occupies a strategic position within a high-traffic commercial corridor. The surrounding neighborhood is characterized by a blend of established residential pockets and active business centers. The property benefits from immediate proximity to national big-box retailers, local dining options, and essential service providers. Transportation access is robust, with the site located near major arterial roadways such as State Route 122 and within a short drive of Interstate 75, facilitating convenient regional connectivity for both commuters and local residents. The site is well-suited for high-volume retail operations, including community-focused shopping centers, automotive services, or quick-service restaurant concepts. A typical tenant profile would include national chains or established regional operators seeking a stable foothold in a mature secondary market. Given the existing infrastructure and traffic patterns, the location supports businesses that rely on consistent daily vehicle counts and visibility. This asset offers an ideal environment for tenants focused on essential goods, convenience services, or value-based retail sectors looking to serve the greater Middletown demographic.

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NOI
$80,000
Cap Rate
4.55%
DSCR
0.77
Underwater
Cash-on-Cash
-4.64%
Monthly Payment
$8,707.52
Annual Cash Flow
$-24,490.237

Location & Travel Times