Health Care and Medical Properties
6491 Reading Road Cincinnati, OH 45237
Details & Description
Price: $12,725,000
    BrightStar Senior Living FacilityMason, OhioPrice: $12,725,000 | Cap Rate: 6.25%20-Year Absolute NNN Lease1.50% Annual Rent IncreasesNew 2020 ConstructionCorporate Guaranty by National CompanyStrong Financials AvailableTenant Reports Until Level P&LGrowing Senior Care MarketEase of Ownership from Anywhere in the Country
    Listing Agents
    Jeff McKinney

    O: 918-794-9706
    jmckinney@stanjohnsonco.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    6491 Reading Road

    Cincinnati, OH 45237

    No Longer Listed
    6491 Reading Road Cincinnati, OH 45237 | for Sale | Photo 1
    Price
    $ /mo
    Description

    BrightStar Senior Living Facility

    Mason, Ohio

    Price: $12,725,000 | Cap Rate: 6.25%

    20-Year Absolute NNN Lease

    1.50% Annual Rent Increases

    New 2020 Construction

    Corporate Guaranty by National Company

    Strong Financials Available

    Tenant Reports Until Level P&L

    Growing Senior Care Market

    Ease of Ownership from Anywhere in the Country

    Cincinnati Area Market Trends

    Listing Demographics for 6491 Reading Road Cincinnati, OH 45237

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population14,386106,755284,621
    Population Median Age413738
    Population by Age0-9 Yrs1836 (12%)13864 (12%)33526 (11%)
    10-19 Yrs1680 (11%)13016 (12%)36511 (12%)
    20-29 Yrs1630 (11%)18931 (17%)51294 (18%)
    30-39 Yrs1824 (12%)14641 (13%)38501 (13%)
    40-49 Yrs1737 (12%)11984 (11%)31449 (11%)
    50-59 Yrs1988 (13%)12668 (11%)34536 (12%)
    60-69 Yrs1987 (13%)12325 (11%)32243 (11%)
    70+ Yrs1704 (11%)9324 (8%)26561 (9%)
    Median HH Income$34,509$43,446$49,778
    Total Household Income< 24K2411 (36%)14666 (31%)34660 (27%)
    25-49K1916 (29%)11354 (24%)28331 (22%)
    50-74K1087 (16%)8063 (17%)20527 (16%)
    75-99K472 (7%)4704 (9%)13296 (10%)
    100-199K579 (8%)6611 (14%)21232 (16%)
    200K+86 (1%)1655 (3%)7549 (6%)
    Highest Education LevelNo Diploma1604923519125
    Diploma or GED33001942945543
    Some College22851443335677
    Assoc. Degree1030568514205
    Bachelors Degree12591325543685
    Higher Degree645925732646
    Total Housing Units7,46753,402141,784
    --Owner-Occupied2,92920,54361,292
    --Renter-Occupied3,62226,50964,303
    Owner-Occupied Values< 100K1518694116240
    100-199K1077811623186
    200-299K24530869551
    300-399K611674805
    400-499K104752754
    500K+727594756
    Total Working Age Population11,30985,187231,720
    In Work Force6,69756,332153,324
    Not In Work Force4,61128,85578,396
    Workforce Employed6,10252,629144,350
    Workforce Unemployed5953,6898,900
    Civlian Workforce6,69756,318153,250
    Military Workforce01474
    Total Households6,55147,052125,595
    Family Households3,16923,47162,352
    Non-Family Households3,38223,58163,242
    Married Couple1,44912,86638,330
    Other Family1,72110,60424,022
    Married w/Child4884,71314,195
    Single Male w/Child1069112,003
    Single Female w/Child8004,74310,980

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Kentucky4,041,769+74,339,367+44,533,464+44,726,382
    Campbell County88,616+290,336+392,898+193,473
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Hamilton County845,303-5802,374-1790,600-1785,900

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 6491 Reading Road in Cincinnati?
    The asking price for 6491 Reading Road is $12,725,000
    What is the building size of this Health Care property in Cincinnati, OH?
    The size of the building/unit at 6491 Reading Road in Cincinnati is 1,700 square feet
    What kind of Health Care is the propery at 6491 Reading Road?
    The property at 6491 Reading Road Cincinnati, OH 45237 is listed as a Assisted/Senior Living Health Care property
    What is the population within 1 mile of 6491 Reading Road in Cincinnati?
    The population within 1 mile of 6491 Reading Road Cincinnati, OH 45237 is 14,386 people.
    Who do I contact for questions about 6491 Reading Road?
    You should contact the listing agent, Jeff McKinney, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Cincinnati Northern Kentucky International Airport (CVG) 14
    James M Cox Dayton International Airport (DAY) 51
    Blue Grass Airport (LEX) 80