Cornerstone Plaza

4727 - 4785 Dixie Hwy Cornerstone Plaza, Fairfield, OH 45014

  • For Sale $7,827,960
  • Property Type Retail - Strip
  • Property Size 96,313 SF
  • Units 13
  • Lot Size 7.95 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1956
  • Date Updated Nov 12, 2024
The City of Fairfield is a suburban community located in both Butler and Hamilton counties in the state of Ohio. Fairfield is located approximately 25 miles north of Cincinnati and is situated on the east bank of the Great Miami River. The population was 44,907 as of the 2020 census. Incorporated in 1955 from portions of Fairfield Township it includes the former hamlets of Symmes Corner (named for Celadon Symmes.), Fair Play, Furmandale and Stockton. The Fairfield City School District is one of the largest in Ohio and serves both the City of Fairfield and Fairfield Township. Fairfield has a highly diversified economy without a dominant industry, though two of the city's top employers are insurance companies. The corporate headquarters of insurance company Cincinnati Financial is located in Fairfield. Jungle Jim's International Market is a regional tourism destination featuring food and beverage items from all over the world. Jim Bonaminio started the market in 1971 as a produce stand. A reluctant planning commission approved his request on the condition that he would ultimately construct a permanent storefront. Today Jungle Jim's International Market has 50,000 weekly shoppers and annual sales of nearly $100 million. Fairfield operates an extensive parks and recreation system with over 500 acres of parkland. Harbin Park is the city's largest at 230 acres. It offers shelter rentals, a large playground, mountain bike trails, a paved trail for walking and biking, basketball and pickleball courts, and a soccer field. It annually hosts the Cincinnati Cyclocross; a cycling competition spread over three days and three Greater Cincinnati communities. Harbin also plays host to the city's Red White & Kaboom fireworks show held annually on July 3 in celebration of Independence Day.Introducing an outstanding investment opportunity in the heart of Fairfield, Ohio. This prime property boasts an 86,381 square foot building featuring 13 units, offering exceptional potential for retail and strip center investors. Built in 1956, the property is a cornerstone of the thriving Fairfield area and currently enjoys full occupancy, presenting a compelling and immediate return for savvy investors. With its strong history and outstanding foot traffic, this property promises a secure and lucrative investment for those looking to capitalize on the retail sector.

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Highlights

  • 96,313 SF Building With 13 Suites
  • Prime Retail Location In Fairfield, Ohio (Cincinnati MSA)
  • Total Population Within 5 Miles Is In Excess Of 168,400 Residents
  • Average Household Income Exceeds $93,600 Within 5 Miles
  • Fully Occupied Bustling Retail Center With Incredibly High Visibility And Ease Of Ingress And Egress
  • Over 27,200 Vehicles Per Day In Front Of Property
  • Strong Foot Traffic And Established Local Presence
  • Below Market Rent Of $7.05 PSF - Strong Upside Potential In Raising Rents
  • 11 Of 13 Tenants On NNN Leases With CAM Reimbursements

Contacts

broker

Dan Lewkowicz

Encore Real Estate Investment Services

Location

Getting Around

  • Walk Score ®

    50/100 Car-Dependent
  • Transit Score ®

    17/100 Minimal Transit
  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Fairfield, OH
  • Zip Code 45014
  • Market Cincinnati

Points of Interest

  • Oscar Event Center

    1.34 miles

  • The Oscar Station at Jungle Jim's

    1.43 miles

  • Speedway

    0.81 miles

  • UDF Fuel

    1.22 miles

  • United Dairy Farmers

    1.49 miles

  • BP

    1.60 miles

  • Kroger

    2.32 miles

  • UDF Fuels

    2.94 miles

  • George F. McDulin Memorial Garage

    3.73 miles

  • Forest Park Park & Ride

    3.94 miles

  • Glensprings Drive Parking Lot

    4.96 miles

  • City of Springdale Church Street Parking Lot

    5.43 miles

  • Village Square

    6.97 miles

  • Ohio National Guard Training and Community Center

    7.79 miles

  • BMV Practice Lot

    8.69 miles

  • Hy-Crest Swim Club Parking Lot

    8.98 miles

  • Liberty Center Parking

    9.44 miles

  • Visit

    9.50 miles

  • McDonald's

    0.17 miles

  • Jocko's Chicken & Seafood

    0.92 miles

  • Perkins

    1.02 miles

  • Bee's Buffet

    1.05 miles

  • Smoothie King

    1.14 miles

  • Jimmy John’s

    1.18 miles

  • Richards Pizza

    1.19 miles

  • Chipotle

    1.22 miles

  • Sushi House Asian Grill

    1.27 miles

  • Penn Station

    1.29 miles

  • ALDI

    1.06 miles

  • Jungle Jim’s International Market

    1.33 miles

  • Kroger

    1.35 miles

  • Meijer

    3.10 miles

  • Kohl's

    3.26 miles

  • Abandoned Forest Fair Village

    3.32 miles

  • Walmart Supercenter

    3.33 miles

  • Target

    3.42 miles

  • Gordon Food Service

    3.49 miles

  • TJ Maxx

    3.54 miles

Frequently Asked Questions

How much does Cornerstone Plaza cost?

The space currently listed for sale at Cornerstone Plaza asks for $7,827,960.

What is the total square footage of Cornerstone Plaza?

Cornerstone Plaza totals 96,313 square feet.

When was this property built?

Cornerstone Plaza was built in 1956.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Dan Lewkowicz

Encore Real Estate Investment Services