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Views: 304 DOM: 109 Updated: 06.25.24 Posted: 03.25.24 Status: Active


Price $2,135,000
Built/Renov 2012
Tenant Tire Discounters
Cap Rate 6.00%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 5,906
Lease Start 05-01-2024
#Units 189
Price/SF $361.50
Expiration 04-30-2039
Tenant Type Automotive
NOI $128,146
R. Term 14.9
Ownership Fee Simple
Rent/SF $21.70
Increases 7.5%/5/yrs
Pop 5Mi 228,802
Lot/AC 0.70
Options 4/5yrs/7.5%
AHHI 5Mi $74,570

Lease Highlights

  • Tire Discounters has successfully operated in this location for 25+ years
  • Tenant to execute a new 15-year lease with 4 (5-year) options to extend upon close of escrow
  • The lease features 7.5% rental increases every 5 years throughout the primary term and in options
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease

Location Description

Tire Discounters is strategically located on North Bend Road, with access to 35,000 vehicles passing by daily. The property is situated at the on/off ramp of Interstate 74/U.S. Route 52, the main highway connecting Cincinnati to Indianapolis. Additionally, it is in proximity to the University of Cincinnati, Cincinnati State Technical College, Xavier University. Moreover, it is 8 miles from the...



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  • Tenant: Tire Discounters
  • Guarantor:Corporate
  • Company:Tire Discounters, Inc.
  • # Units:189
  • Stock:Private

About Tenant

Tire Discounters is a chain of tire and auto service shops. They are the largest family-owned and operated tire and service provider in the U.S.. The private company was founded in 1976 with a...



  1 Miles 3 Miles 5 Miles
2028 Total Population : 7,052 83,146 229,338
2023 Total Population : 7,205 84,154 231,865
2023 Employed Civilian Pop : 3,963 42,958 113,453
2023 Total Businesses : 315 2,158 5,381
2023 Average Household Income : $ 105,371 $ 84,863 $ 80,970
2023 Total Consumer Spending : $ 284 M $ 2660 M $ 6879 M
2023 Median Age : 45 40 39
2023 Total Households : 3,144 36,041 97,498
2023 Pop Age 25+: Bachelor's Degree : 1,641 12,640 32,999
2023 Average Home Value : $ 231,316 $ 225,142 $ 226,670
*ESRI data is presented for informational purposes only


Collection Street Cross Street Year Traffic Vol Distance
N Bend Rd Lees Crossing Dr 2011 22,961 0.03 mi
NORTH BEND RD Lees Crossing Dr 2020 34,322 0.03 mi
N Bend Rd Lees Crossing Dr 2011 24,308 0.07 mi
W Fork Rd 2011 9,453 0.08 mi
North Bend Road Lees Crossing Dr 2021 31,844 0.09 mi
W Fork Rd 2011 3,094 0.15 mi
2019 3,344 0.16 mi
RAMP FROM NORTH BEND RD SB TO IR74 WB N Bend Rd 2021 3,402 0.16 mi
RAMP FROM NORTH BEND RD NB TO IR74-52 WB N Bend Rd 2021 3,550 0.16 mi
N Bend Rd Lees Crossing Dr 2011 26,051 0.17 mi

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