714 Lila Avenue

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714 Lila Avenue

Milford, OH 45150
Asking Price
$1.40M
Asset Type
Retail
Class
Class B

What's Special

714 Lila Avenue is situated in Milford, Ohio, a suburb within the Greater Cincinnati metropolitan area. The property is located along a primary commercial corridor characterized by a mix of established local businesses and national retailers. The site offers direct frontage on State Route 131, providing steady vehicle traffic and straightforward access to Interstate 275. Nearby amenities include various dining options, grocery stores, and professional services, serving both the immediate residential neighborhoods and the broader Clermont County trade area. The building is suited for a variety of retail applications, including boutique storefronts, service-oriented businesses, or small-scale showrooms. Potential tenants typically include independent retailers, fitness studios, or professional service providers seeking a visible presence within a stable suburban market. Given the surrounding demographic profile, the asset is positioned for operators who rely on local neighborhood engagement and convenient regional connectivity.

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NOI
$80,000
Cap Rate
5.70%
DSCR
0.96
Underwater
Cash-on-Cash
-0.80%
Monthly Payment
$6,948.898
Annual Cash Flow
$-3,386.771

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