Fresh Thyme Farmers Market

3321 Alamo Avenue - Cincinnati OH 45209

LTV (Loan to Value) 65.00% Current NOI $541,595.00
Interest Rate 4.250% Capital Rate 7.250%
Fixed Term 10 Years Land Area +/- 4.03 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $4,855,678.75 Property Type Retail.
Payment $26,305.06 Property Lease Grocery
Bulding Size 0 SF Remaining Terms 9.25 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors, the opportunity to purchase the fee-simple interest in a standalone retail center building, occupied by Fresh Thyme located at 3321 Alamo Avenue in Cincinnati, Ohio (the “Property”). The Property is located on the hard, signalized and well-trafficked intersection of Alamo Avenue and Ridge Road (30k+ VPD).

Highlights

Class A, Grocery-Anchored Retail Asset with Strong residual Value and Fundamentals –The Property is a premier, grocery-anchored shopping center with…

Property Description

The Property is situated approximately 7.5 miles northeast of downtown Cincinnati. It is located along the extremely dense and active Interstate-71 retail corridor known as “The Center of Cincinnati”. The Property benefits from its location in this robust trade area with numerous surrounding area retailers including Target, Meijer, Sam’s Club, LA Fitness and a Cinemark 14-Screen Movie Theater, among many others. In addition to its immediate retail trade area with a host of national tenants, the Property also provides immediate access to Xavier University (6,600+ students) just 3.5 miles away and the University of Cincinnati (43k+ students) just 6.5 miles away, as well as major employers such as Kroger Co., Proctor & Gamble Company and Macy’s, Inc.