Kemper Meadow Office/Flex

Investment Overview

This opporutnity is partially occupied 13,800 SF multi-tenant office / daycare / flex property located within Kemper Meadows Office Park at 1259 Kemper Meadow Drive in Cincinnati, Ohio. Offered at $900,000, the property presents investors and owner-users with a compelling opportunity to acquire an income-producing suburban office asset with additional upside through lease-up of the remaining vacancy.

The building is currently approximately 80% occupied and includes two income-producing suites totaling approximately 11,056 SF. The largest tenant occupies approximately 8,092 SF and operates as a childcare facility with an established layout including multiple classrooms, offices, restrooms, kitchen prep area, and support spaces. A second tenant occupies approximately 2,964 SF.

A 2,744 SF vacant suite remains available for lease-up, creating a clear value-add opportunity for investors seeking to increase income and stabilize the asset.

The property benefits from a functional single-story configuration suitable for a variety of uses including office, educational, daycare, service, and flex-oriented tenants. Additional features include approximately 45 surface parking spaces, five newer A/C units, and an HOA structure that covers exterior maintenance, snow removal, water, and trash, simplifying ownership and operational management.

Strategically located along the established Kemper Road corridor, the property benefits from approximately 18,000 vehicles per day nearby and convenient access to Interstate 275, providing strong regional connectivity to the greater Cincinnati market.

Area Overview

Located within Kemper Meadows Office Park along the established Kemper Road corridor in Cincinnati, Ohio. The surrounding area includes a mix of suburban office users, service businesses, and residential neighborhoods that support strong demand for office, childcare, and service-oriented tenants.

The property benefits from approximately 18,000 vehicles per day nearby and convenient proximity to Interstate 275, one of Cincinnati’s primary beltways connecting the northern suburbs to major employment centers and regional retail corridors.

The surrounding market provides convenient access to regional transportation routes, nearby residential communities, and a stable suburban customer base, making the location attractive for both office users and service-oriented businesses.

 

Highlights

• 13,800 SF office / daycare / flex investment opportunity

• Approximately 80% occupied with two income-producing tenants

• 2,744 SF vacancy providing immediate lease-up upside

• Offered at $900,000

• Projected NOI of approximately $54,800

• 8.53% pro forma cap rate

• Located within Kemper Meadows Office Park

• Flexible single-story layout supporting office, daycare, educational, and service users

• Daycare infrastructure in place including classrooms, offices, kitchen prep area, and support space

• Approximately 45 surface parking spaces

• HOA covers exterior maintenance, water, trash, and snow removal

• Five newer A/C units

• Strong suburban Cincinnati location with approximately 18,000 vehicles per day and convenient access to I-275