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COMING SOON! Remodel to Suit - Office/Retail Space For Sale or Lease

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(1)

COMING SOON!

Remodel to Suit - Office/Retail Space

For Sale or Lease

FEATURES:

Approximately 5,040 SF for Lease

Easy access to all interstates

12’ clear height

0.313 Acres

Zoned: SM-D; Support Mixed - Downtown

Lease rate upon request (rate to be commensurate

with level of remodel)

Sale Price: Contact Agent

The information contained herein has been deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

10936 Reading Road

Sharonville, Ohio 45241

Jeff Wolf, SIOR,CCIM

Jeff Wolf & Partners Real Estate

513.368.3749

jeff@jeffwolfrealestate.com

www.jeffwolfrealestate.com

Kim Auberger

Jeff Wolf & Partners Real Estate

859.630.9121

kim@jeffwolfrealestate.com

(2)

10936 Reading Road

Sharonville, Ohio 45241

Property Specifications

LOCATION:

City of Sharonville

Hamilton County

AVAILABLE SQUARE FOOTAGE:

Approximately 5,040 SF

LAND:

0.313 Acres

ZONING:

SM-D; Support Mixed - Downtown

CONSTRUCTION:

Concrete Block

YEAR BUILT / RENOVATED:

1964

PARKING:

16 to 18 Spaces

CLEAR HEIGHT:

12’

ROOF:

Metal Deck Built-Up

HEATING & AIR CONDITIONING:

Yes, 100% HVAC

RESTROOMS:

One Set of Women’s and Men’s Restrooms

PARCEL NUMBER:

608-0007-0013

ESTIMATED OPERATING

EXPENSES:

$1.75 PSF

LEASE RATE:

Upon request (rate to be commensurate with level of

remodel)

(3)

10936 Reading Rd, Cincinnati, Ohio, 45241

Rings: 1, 3, 5 mile radii Latitude: 39.26671Prepared by Esri Longitude: -84.41361

1 mile 3 miles 5 miles

4,602 38,297 145,176 2000 Population 4,285 36,987 145,738 2019 Population -0.69% -0.51% -0.22% 2000-2010 Annual Rate 0.00% 0.22% 0.22% 2019-2024 Annual Rate 2019 Female Population 51.3% 51.7% 52.0%

In the identified area, the current year population is 145,738. In 2010, the Census count in the area was 141,947. The rate of change since 2010 was 0.29% annually. The five-year projection for the population in the area is 147,369 representing a change of 0.22% annually from 2019 to 2024. Currently, the population is 48.0% male and 52.0% female.

The median age in this area is 42.8, compared to U.S. median age of 38.5.

2019 White Alone 85.6% 72.1% 71.1%

2019 American Indian/Alaska Native Alone 0.1% 0.2% 0.2%

2019 Pacific Islander Alone 0.0% 0.3% 0.2%

2019 Two or More Races 2.9% 2.9% 2.8%

Persons of Hispanic origin represent 6.1% of the population in the identified area compared to 18.6% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 52.3 in the identified area, compared to 64.8 for the U.S. as a whole.

2019 Wealth Index 113 136 131

2010 Households 1,840 15,139 58,586

2024 Total Households 1,863 15,606 60,844

2010-2019 Annual Rate 0.11% 0.21% 0.29%

2019 Average Household Size 2.27 2.37 2.39 The household count in this area has changed from 58,586 in 2010 to 60,182 in the current year, a change of 0.29% annually. The five-year projection of households is 60,844, a change of 0.22% annually from the current year total. Average household size is currently 2.39, compared to 2.40 in the year 2010. The number of families in the current year is 38,326 in the specified area.

2019-2024 Annual Rate 0.04% 0.22% 0.22% 2000-2010 Annual Rate -0.16% -0.19% -0.05% 2019 Total Households 1,859 15,437 60,182 2000 Households 1,869 15,435 58,856

Households

2019 Hispanic Origin (Any Race) 3.0% 5.5% 6.1% 2019 Other Race 1.0% 2.6% 2.6% 2019 Asian Alone 3.7% 6.6% 6.0% 2019 Black Alone 6.6% 15.4% 17.1%

Race and Ethnicity Median Age 2019 Median Age 42.8 43.5 42.6 2019 Male Population 48.7% 48.3% 48.0% 2010-2019 Annual Rate -0.02% 0.18% 0.29% 2024 Population 4,284 37,388 147,369 2010 Population 4,292 36,377 141,947 Population

Executive Summary

(4)

10936 Reading Rd, Cincinnati, Ohio, 45241

Rings: 1, 3, 5 mile radii Latitude: 39.26671Prepared by Esri Longitude: -84.41361

1 mile 3 miles 5 miles

2019 Percent of Income for Mortgage 12.3% 15.7% 14.8%

2019 Median Household Income $75,445 $71,803 $69,936

2019-2024 Annual Rate 1.96% 2.40% 2.50%

2019 Average Household Income $89,147 $99,552 $99,109

2019-2024 Annual Rate 2.84% 2.27% 2.27%

2019 Per Capita Income $38,340 $41,724 $40,897

2019-2024 Annual Rate 2.89% 2.28% 2.26%

Current median household income is $69,936 in the area, compared to $60,548 for all U.S. households. Median household income is projected to be $79,114 in five years, compared to $69,180 for all U.S. households

Current average household income is $99,109 in this area, compared to $87,398 for all U.S. households. Average household income is projected to be $110,867 in five years, compared to $99,638 for all U.S. households

Current per capita income is $40,897 in the area, compared to the U.S. per capita income of $33,028.

be $45,739 in five years, compared to $36,530 for all U.S. households The per capita income is projected to

2000 Total Housing Units 1,925 16,210 61,737

2000 Renter Occupied Housing Units 449 4,680 17,664

2010 Total Housing Units 1,942 16,310 63,359

2010 Renter Occupied Housing Units 430 4,743 18,975

2019 Total Housing Units 1,914 16,399 64,640

2019 Renter Occupied Housing Units 476 5,372 21,403

2024 Total Housing Units 1,919 16,574 65,393

2024 Renter Occupied Housing Units 452 5,214 20,775

Currently, 60.0% of the 64,640 housing units in the area are owner occupied; 33.1%, renter occupied; and 6.9% are vacant. Currently, in the U.S., 56.4% of the housing units in the area are owner occupied; 32.4% are renter occupied; and 11.2% are vacant. In 2010, there were 63,359 housing units in the area - 62.5% owner occupied, 29.9% renter occupied, and 7.5% vacant. The annual rate of change in housing units since 2010 is 0.89%. Median home value in the area is $211,913, compared to a median home value of $234,154 for the U.S. In five years, median value is projected to change by 2.63% annually to $241,232.

2024 Vacant Housing Units 56 968 4,549 2024 Owner Occupied Housing Units 1,411 10,391 40,069 2019 Vacant Housing Units 55 962 4,458 2019 Owner Occupied Housing Units 1,383 10,064 38,779 2010 Vacant Housing Units 102 1,171 4,773 2010 Owner Occupied Housing Units 1,410 10,396 39,611 2000 Vacant Housing Units 56 775 2,881 2000 Owner Occupied Housing Units 1,420 10,755 41,192

Housing

2019 Housing Affordability Index 176 136 141

Households by Income

2024 Per Capita Income $44,204 $46,697 $45,739

Per Capita Income

2024 Average Household Income $102,561 $111,398 $110,867

Average Household Income

2024 Median Household Income $83,137 $80,854 $79,114

Median Household Income Mortgage Income

(5)

10936 Reading Road

Sharonville, Ohio 45241

(6)

10936 Reading Road

Sharonville, Ohio 45241

Survey

For more information

please contact:

Jeff Wolf, SIOR,CCIM

Jeff Wolf & Partners Real Estate

513.368.3749

jeff@jeffwolfrealestate.com

www.jeffwolfrealestate.com

Kim Auberger

Jeff Wolf & Partners Real Estate

859.630.9121

kim@jeffwolfrealestate.com

References

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