Altafiber

For Sale

7688 Mall Road, Florence, KY 41043

This Florence property for sale is located at 7688 Mall Road. The current listed sale price for Altafiber is Call for more information. Altafiber is situated on a lot that is 0.75 acre in size.

Contacts

broker

Christopher Nachtrab

Lee & Associates

(513) 588-1841

Property Details

  • Property Type Retail - Freestanding
  • Property Size 5,220 SF
  • Units 1
  • Lot Size 0.75 Acre
  • Property Tenancy Single Tenant
  • Year Built 1990
  • Year Renovated 2013
  • Date Updated Mar 25, 2024
Free standing retail building on a traffic light corner with dedicated turn lane is available with 692' of frontage on Mall Road. The Altafiber building is in a high traffic area next to Florence Mall. Anchors in the mall include Macy's. Macy's Furniture, Cinemark Theater, JCP, and other retail and restaurant users. Location is also two minutes from I-75.Single Tenant Net Leased property to Altafiber (formerly Cincinnati Bell)Free standing 5,220 SF building on 0.75 acres of land available for lease or ground lease. Lease rate is $28.00 PSF + NNN. Ground lease rate is $150,000.

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Highlights

  • + Exceptional retail parcel in the heart of northern Kentucky’s dominant retail trade area.
  • + Strong tenant with deep roots in the community
  • + First year CAP of 4.92%
  • + Average CAP over the initial 6 years of 5.61%
  • + 13 Miles from downtown Cincinnati
  • + 3 Miles from Amazon’s largest air hub - (4,500 employees)
  • + Surrounded by nation & regional restaurants and retailers.
  • + Outparcel to Florence Mall
  • + $35,250 TIA already escrowed by seller for tenant’s use upon lease renewal.
  • *Altafiber (formerly Cincinnati Bell) is greater Cincinnati’s local phone, and fiber optic internet and TV provider. Altafiber (a division of the Macquarie Group) purchased Cincinnati Bell in 2021. The site serves as their northern Kentucky regional retail store.

Attachments

Getting around

  • 57/100

    Walk Score ®

  • 28/100

    Transit Score ®

  • 42/100

    Bike Score ®

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Location

  • City Florence, KY
  • Neighborhood Boone Vista - Buckingham Woods
  • Zip Code 41043
  • Market Cincinnati

Points of Interest

  • Main Terminal

    3.66 miles

  • Columbia Sussex Station

    5.74 miles

  • Kroger

    0.08 miles

  • Speedway

    0.53 miles

  • Speedway

    0.63 miles

  • Costco Gasoline

    0.85 miles

  • Speedway

    1.01 miles

  • BP

    1.05 miles

  • Speedway

    1.12 miles

  • Marathon

    1.15 miles

  • Thorntons

    1.26 miles

  • Clark Oil

    1.58 miles

  • Florence Hub Park & Ride

    0.79 miles

  • Amazon KCVG Parking

    2.46 miles

  • Erlanger Municipal Center Parking

    2.96 miles

  • Airport Viewing Area

    3.30 miles

  • Ready Return

    3.97 miles

  • Quick Turnaround

    3.98 miles

  • Terminal 1 Lot

    4.03 miles

  • Main Terminal Lot

    4.06 miles

  • Terminal 2 Lot

    4.06 miles

  • CVG ValuPark

    4.81 miles

  • Chuck E. Cheese's

    0.13 miles

  • Chipotle

    0.23 miles

  • Quaker Steak & Lube

    0.26 miles

  • Raising Cane's

    0.35 miles

  • Skyline Chili

    0.36 miles

  • Olive Garden

    0.37 miles

  • City BBQ

    0.38 miles

  • BJ's

    0.41 miles

  • Izzy’s

    0.43 miles

  • Red Robin

    0.46 miles

  • Sears

    0.15 miles

  • Kroger Marketplace

    0.18 miles

  • TJ Maxx

    0.19 miles

  • Burlington

    0.31 miles

  • Gordon Food Service

    0.72 miles

  • Walmart Supercenter

    0.92 miles

  • Kohl's

    1.03 miles

  • ALDI

    1.10 miles

  • Meijer

    1.20 miles

  • Remke Markets

    1.44 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Christopher Nachtrab

Lee & Associates

(513) 588-1841