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22.0 Acres | West Chester, OH | Land Development For Sale
HIGHLANDS MARKET SQUARE
FOUNTAINS BOULEVARD
CIN
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NA
TI-D
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TON
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22 AcresAvailable ForDevelopment
HIGHLANDS MARKET SQUARE
FOUNTAINS BOULEVARD
CIN
CIN
NA
TI-D
AY
TON
RO
AD
22 AcresAvailable ForDevelopment
cushmanwakefield.com
CONTACT US
CINCINNATI MULTIFAMILY TEAM
DON MURPHY, CCIMSENIOR DIRECTOR+1 513 763 [email protected]
JORDAN MURPHYASSOCIATE+1 513 763 [email protected]
201 E FOURTH STREET, SUITE 1800CINCINNATI, OH 45202PHONE: +1 513 421 4884FAX: +1 513 763 1215multifamily.cushwake.com
22 AcresAvailable ForDevelopment
HIGHLANDS MARKET SQUARE
The Cushman & Wakefield Ohio Multifamily Advisory Group is pleased
to present the exclusive listing the 22-acre Highlands Market Square
site located in Cincinnati, Butler County, OH. This asset is situated in the
thriving West Chester Township. Highlands Market Square offers an
outstanding opportunity to invest and develop residential apartments.
THE OFFERING
1DEVELOPMENT OPPORTUNITY Opportunity to potentially develop residential apartments on a 22-acre site. The land has been rough grounded and all utilities are at the site.
2EASILY ACCESSIBLELocated right off I-75 and Cincinnati-Dayton Road, within walking distance to numerous retail and restaurants, and just a short drive to major employment and retail centers.
3STRATEGIC LOCATIONConveniently located between Cincinnati and Dayton, attracting workforce and residents from both growing cities.
INDIANA
KENTUCKY
OHIO
WARRENCOUNTY
275
275
74
75
71
471
75
71
OHIOCOUNTY
HAMILTONCOUNTY
CINCINNATI CBD
BUTLERCOUNTY
CLERMONTCOUNTY
BROWNCOUNTY
BOONECOUNTY
KENTONCOUNTY CAMPBELL
COUNTY
FRANKLINCOUNTY
DEARBORNCOUNTY
GRANTCOUNTY
PENDELTONCOUNTY
BRACKENCOUNTY
GALLATINCOUNTYOHIN
KY
cushmanwakefield.com
CIN
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TI-D
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FOUNTAINS BOULEVARD
75
22 AcresAvailable ForDevelopment
HIGHLANDS MARKET SQUARE
cushmanwakefield.com
HIGHLANDS MARKET SQUARE
West Chester, Ohio
West Chester offers a traditional suburban lifestyle with the vitality and
energy of an urban setting. The community offers high quality housing,
services and amenities. West Chester is the largest township in the
state of Ohio by population with 61,000 residents. The community also
benefits from a diverse tax base with nearly 3,500 businesses. In 2017,
West Chester was named to CNN Money Magazine’s “Best Places to Live”
for the sixth time.
The community is strategically and conveniently located along the I-75
Corridor between Cincinnati and Dayton. As Cincinnati and Dayton
continue to converge, West Chester Ohio has emerged as the economic
center of the Cincinnati-Dayton Metroplex. The community has unmatched
access from six interstate interchanges and has 1.7 million potential
employees within a 30-mile radius.
In 2016, West Chester experienced $94.7 million in new capital investment
involving nearly 1.9 million square feet of commercial/industrial property.
More than 850 new jobs were created in West Chester and nearly
1,300 were retained as a result of expansion opportunities for existing
businesses.
Education Opportunities
West Chester is served by the Lakota Local Schools with an enrollment of
nearly 17,000 students in 22 buildings. Lakota Local Schools ranks among
the state’s top school districts for academic excellence. Approximately 50
colleges, universities and professional schools operate in the Cincinnati-
Dayton region and several have auxiliary locations in West Chester. These
facilities, coupled with Butler Technology Career Development Center
work cooperatively with companies to customize training.
Business Destination
Corporate office users flocked to West Chester with the opening of
the Union Centre Boulevard interchange and continue to be a valued
targeted sector for the community. Corporate executives appreciate West
Chester’s accessibility and its community amenities including a first class
public school system, quality affordable housing, restaurants, retail, and
hotels. Businesses including GE Aviation, Logicalis, CFM International,
Contech Engineered Solutions, and ClarkeDietrich have chosen West
Chester as their home and five of the top ten Cincinnati-Dayton region's
employers have a presence in West Chester.
Healthcare Hub
A growing sector since UC Physicians and UC Health constructed a
medical campus here and the first new hospital in 25 years opened in
West Chester, creating a full-service medical campus. These expansive
medical developments and the area’s dense population have contributed
to ancillary health care facilities further defining West Chester as a
regional focal point for medical and health care services.
cushmanwakefield.com
HIGHLANDS MARKET SQUARE
1-mile radius
3-mile radius
5-mile radius
Population
Estimated Population (2019) 8,533 55,658 141,453
Households
Estimated Households (2019) 3,297 20,624 52,298
Average Household Income
Estimated Average Household Income (2019) $99,609 $119,452 $124,645
Daytime Demographics (2019)
Total Businesses 312 2,676 6,926
Total Employees 2,347 34,384 101,166
Labor Force
Labor Population Age 16 Years or Over (2019) 6,622 43,470 108,010
Home Values (2019)
Owner-Occupied Median Home Value $209,190 $222,349 $241,950
DEMOGRAPHICS
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CONFIDENTIALITY STATEMENTThis Offering Memorandum (Brochure) was prepared by Cushman & Wakefield (Broker) and has been reviewed by the Owner. The Brochure is confidential, furnished solely for the purpose of considering the acquisition of the Property described herein, and is not to be used for any other purpose or made available to any other person without the express written consent of Broker. An opportunity to inspect the Property will be made available to qualified prospective purchasers.
The information contained herein has been obtained from sources deemed reliable, and we have no reason to doubt its accuracy. However, no warranty or representation, expressed or implied, is made by the Owner or Broker or any related entity as to the accuracy or completeness of the information contained herein, including but not limited to financial information and projections, and any engineering and environmental information. Prospective purchasers should make their own investigations, projections, and conclusions. It is expected that prospective purchasers will conduct their own independent due diligence concerning the Property, including such engineering inspections as they deem necessary to determine the condition of the Property and the existence or absence of any potentially hazardous materials used in the construction or maintenance of the building(s) or located at the land site, including but not limited to lead-based products (for compliance with “Target Housing” regulation for multifamily housing constructed prior to 1978), asbestos, etc.
The Owner and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Property and/or terminate discussions with any party at any time with or without notice. The Owner shall have no legal commitment or obligation to any purchaser unless a written agreement for the purchase of the Property has been delivered, approved, and fully executed by the Owner, and any conditions to the Owner’s obligations thereunder have been satisfied or waived. Broker is not authorized to make any representations or agreements on behalf of the Owner. Broker represents the Owner in this transaction and makes no representations, expressed or implied, as to the foregoing matters. The depiction of any persons, entities, signs, logos, or properties (other than Broker’s client and the Property) is incidental only and not intended to connote any affiliation, connection, association, sponsorship, or approval by or between that which is incidentally depicted and Broker or its client.
This Brochure is the property of Cushman & Wakefield and may be used only by parties approved in writing by Broker. The information is privately offered and, by accepting this Brochure, the party in possession hereon agrees (i) to return it to Cushman & Wakefield immediately upon request of Broker or the Owner and (ii) that this Brochure and its contents are of a confidential nature and will be held and treated in the strictest confidence. No portion of this Brochure may be copied or otherwise reproduced and/or disclosed to anyone without the written authorization of Broker and Owner. The terms and conditions set forth above apply to this Brochure in its entirety.
©2018 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.
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201 East Fourth Street, Suite 1800 Cincinnati, Ohio 45202 +1 513 421 4884 www.cushmanwakefield.com
