TRYFON CHRISTOFOROU OFFICE / MEDICAL BUILDING AVAILABLE · The 3CRE Team is pleased to present for sale a 10,538 SF office building fully built-out as medical space on the west side

3CRE Advisors7815 Cooper Rd #C, Cincinnati, OH 45242513.490.6881 | 3cre.com

Presented By:

TRYFON [email protected]

GABRIELA [email protected]

MICHAEL [email protected]

3285 WESTBOURNE DRIVE, CINCINNATI, OH 45248

OFFICE / MEDICAL BUILDING AVAILABLE// OFFICE BUILDING FOR SALE

Confidential Offering Memorandum // 2

OFFERING SUMMARY

Sale Price: $699,000

Lot Size: 0.91 Acres

Year Built: 1968

Building Size: 10,538 SF

Zoning: 442 - MEDICAL CLINICS/

OFFICES

Market: Cincinnati

Submarket: Bridgetown

Price / SF: $66.33

The 3CRE Team is pleased to present for sale a 10,538 SF office building fully built-out as medical space on the west side ofCincinnati. Located in Bridgetown North with a 5 mile population of 220k and 68K HHI. Bridgetown north is a suburb of Cincinnati.The property sits directly on Westbourne Drive with great visibility and signage. Westbourne Drive is directly off of 22k ADTGlenway Avenue that is the areas prime retail strip. This would be a perfect opportunity for an expanding medical or dental office.Green Township also has NO CITY INCOME TAX!

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Very Attractive Brick Office Building

• Total square footage of 10,538

• Sits on .9 Acre Lot

• Fully built-out as medical space

• Ample parking of 51 spaces total

• Large signs with an illuminated Monument signage on Westbourne Drive

• Located in Bridgetown North near State Route 264 (Glenway Ave.)

• Heavily Trafficked Area at 22K ODT Glenway Ave.

• New Roof on both structures

• -- Over 12 Offices

• -- Heavy Retail Area w/ National Tenants such as Sprint, Starbucks, Planet Fitness, Kroger, Target, Wendy's and more...

• -- Could be Built to Suit

• -- Ample Electric

// EXECUTIVE SUMMARY


The 3CRE Team is pleased to present for sale a 10,538 SF office building fully built-out as medical space on the

west side of Cincinnati. Located in Bridgetown North with a 5 mile population of 220k and 68K HHI. Bridgetown

north is a suburb of Cincinnati. The property sits directly on Westbourne Drive with great visibility and signage.

Westbourne Drive is directly off of 22k ADT Glenway Avenue that is the areas prime retail strip. This would be a

perfect opportunity for an expanding medical or dental office. Green Township also has NO CITY INCOME TAX!

PROPERTY OVERVIEW

Bridgetown is located in Green Township and is named after Bridgeton, New Jersey, the home of early settlers

from 1820. Since the early part of this century, Bridgetown has developed from farmland of rolling fields and green

pastures into a busy, active community, but still retaining a casual lifestyle. There are 14,000 residents in the direct

1 mile area.

Bridgetown North is a suburb of Cincinnati with a 5 mile population of 220k and growing.

Westbourne Drive is directly off of State Route 264 (Glenway Avenue) which is a heavily concentrated retail strip

and ADT of 22,000.

LOCATION OVERVIEW

442 - MEDICAL CLINICS/OFFICES

ZONING

// PROPERTY DESCRIPTION


SALE HIGHLIGHTS

• Very Attractive Brick Office Building

• Total square footage of 10,538

• Sits on .9 Acre Lot

• Fully built-out as medical space

• Ample parking of 51 spaces total

• 2 large signs with an illuminated 12 ft Monument signage on Westbourne Drive

• Located in Bridgetown North near State Route 264 (Glenway Ave.)

• Heavily Trafficked Area at 22K ODT Glenway Ave.

• New Roof on both structures

• Over 12 Offices

• Heavy Retail Area w/ National Tenants such as Sprint, Starbucks, Planet Fitness,

Kroger, Target, Wendy's and more...

• Could be Built to Suit

• Ample Electric

• One Lead Lined Room for CAT scans or X-RAY capabilities

• No City Taxes for Green Township

// COMPLETE HIGHLIGHTS


Presented By:




WESTBOURNE DRIVE OFFICE BUILDING FOR SALE - 3285 WESTBOURNE DRIVE, CINCINNATI, OH 45248

DEMOGRAPHICS// SECTION 1


Presented By:





DEMOGRAPHICS// SECTION 2

Confidential Offering Memorandum DEMOGRAPHICS // 10

POPULATION 1 MILE 3 MILES 5 MILES

Total population 14,641 89,714 220,199

Median age 36.9 38.2 36.7

Median age (Male) 35.4 36.0 34.8

Median age (Female) 39.0 40.5 38.5

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 6,127 37,234 87,215

# of persons per HH 2.4 2.4 2.5

Average HH income $59,294 $63,458 $61,698

Average house value $143,076 $170,409 $174,433

// DEMOGRAPHICS MAP & REPORT


RACE 1 MILE 2 MILES 3 MILES

Total Population - White 13,503 77,371 170,427

% White 92.2% 86.2% 77.4%

Total Population - Black 782 10,006 41,779

% Black 5.3% 11.2% 19.0%

Total Population - Asian 65 607 1,338

% Asian 0.4% 0.7% 0.6%

Total Population - Hawaiian 0 0 5

% Hawaiian 0.0% 0.0% 0.0%

Total Population - American Indian 27 156 487

% American Indian 0.2% 0.2% 0.2%



Total Population - Other 39 493 2,271

% Other 0.3% 0.5% 1.0%

* Demographic data derived from 2010 US Census



// RETAILER MAP


// ADDITIONAL PHOTOS






// AERIAL MAPS


Presented By:





ADVISOR BIOS// SECTION 3

Confidential Offering Memorandum ADVISOR BIOS // 19

TRYFON [email protected]: 513.745.9333

PROFESSIONAL BACKGROUND

Tryfon Christoforou is an experienced commercial broker specializing in multifamily real estate and is a partner of 3CRE Advisors. He brings broad experience in commercial real estate tohis work – in addition to multifamily properties, his background includes mortgages, investment, and ownership of investment property.

By leveraging his diverse work experience in real estate to bring every client the best return possible, Tryfon has established himself as a top performer.

Tryfon has built a reputation as a service-oriented broker who is committed to personally guiding his clients through every phase of the real estate transaction process from start to finish.He has built long-term relationships with clients based on collaboration, hard work, an ethical approach, and dedication to a step-by- step method to working with every investor tomaximize results.

Tryfon Co-founded 3CRE Advisors with partner Michael Costantini to bring clients a tailored, knowledgeable approach to forming and successfully executing their commercial real estateinvestment strategy.

3CRE have extensive experience in local and regional Midwest markets and has an advantage in locating investment options on behalf of its clients as well as being able to list theirproperties on a national basis to the entire 100,000-strong brokerage and investment community via real-time syndication to major listing sites, social media, and email campaigns.

Tryfon holds a BSBA, Marketing from University of Cincinnati, Ohio. His affiliations include the National Apartment Association, NAR, OAR, and the Cincinnati and Dayton Board of Realtors.He was born in Melbourne, Australia and is of Greek heritage. He is a passionate world traveler and calls Cincinnati his home.

3CRE ADVISORS7815 Cooper Rd #C

Cincinnati, OH 45242513.490.6881

// ADVISOR BIO 1

Confidential Offering Memorandum ADVISOR BIOS // 20


PROFESSIONAL BACKGROUND

Gabriela joined 3CRE Commercial Real Estate in January of 2015 and has acquired extensive sales and marketing experience allowing her to align her strengths with commercial retailleasing and sales assignments. She is a licensed sales agent in the State of Ohio and an active member in the International Council of Shopping Centers, the Commercial real estateDevelopment Association, and the National Association for Industrial and Office Parks. As an integral part of 3CRE commercial retail team, she has assisted in over $50 million dollars ofcommercial real estate lease and sales transactions.

3CRE ADVISORS7815 Cooper Rd #C

Cincinnati, OH 45242513.490.6881

// ADVISOR BIO 2

Documents

TRYFON CHRISTOFOROU OFFICE / MEDICAL BUILDING AVAILABLE · The 3CRE Team is pleased to present for sale a 10,538 SF office building fully built-out as medical space on the west side