Altafiber Listing Details & Market Data

7688 Mall Road, Florence, KY 41043

  • For Sale Call for more information
  • 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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Attachments

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.

Contacts

broker

Christopher Nachtrab

Lee & Associates

(513) 588-1841

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (57)

  • Transit Score ®

    Some Transit (28)

  • Bike Score ®

    Somewhat Bikeable (42)
Powered by Walk Score ®
  • 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

Contact Listing Broker

broker

Christopher Nachtrab

Lee & Associates

(513) 588-1841