Bowling & Kugler Realty

140 W Kemper Rd Springdale, OH 45246

Listing Information
Price	$1
Listing Number	1769462

Driving Directions
West of Tri-County mall at the North West corner of W. Kemper Road and Northland Blvd.

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Agent Remarks
ABATED RENT PROMOTION: 2,175 sf office apace in Physician's Associate Building located at the intersection of Kemper Road and Northland Boulevard. Tenant can receive abated rent for each year of the initial lease. For example, a three year lease would become a 39 month lease with months 13, 26 and 39 and the tenant will only pay for utilities and CAM fees so long as the lease payments are current. Monument signage available at tenants expense. Very visible location and minutes from I275 and Route 747. Shows very well. Former tenants were physicians and lab testing. Ideal for professional businesses, counseling or dental office. Asking $13.00 per sf plus CAM fee of $2.75 per sf, or $2860 per month,

Agent Remarks

ABATED RENT PROMOTION: 2,175 sf office apace in Physician's Associate Building located at the intersection of Kemper Road and Northland Boulevard. Tenant can receive abated rent for each year of the initial lease. For example, a three year lease would become a 39 month lease with months 13, 26 and 39 and the tenant will only pay for utilities and CAM fees so long as the lease payments are current. Monument signage available at tenants expense. Very visible location and minutes from I275 and Route 747. Shows very well. Former tenants were physicians and lab testing. Ideal for professional businesses, counseling or dental office. Asking $13.00 per sf plus CAM fee of $2.75 per sf, or $2860 per month,

Property Information

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More Information

Commercial Information
# of Buildings	1
Zoning	Office
Lease Only	Yes
Price/Sq.Ft.	0
New Construction	No
Access Road	Public
Gross Income
Net Operating Income
Best For	Medical/Dental, Office, Professional

General Information
Property Type	Commercial
County	Hamilton
Subdivision	Springdale
Zip Code	45246
Listing Number	1769462

Property Features
Property SqFt.	0
Basement	None
Cars	0
Parking	Asphalt, Lot, Onsite
Heating	Gas, Forced Air
Cooling	Central Air

Additional Information
Levels	1 Story
Construction	Brick, Wood
Lot Dimensions	Irregular
Gas	Natural
Water	Public
Sewer	Public
Foundation	Slab
Occupancy	Immediate
Semi-Annual Taxes	$9,554.44

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Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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60 months = 5 years
120 months = 10 years
180 months = 15 years
240 months = 20 years
360 months = 30 years

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This listing courtesy of James Sherlock (513-317-2569), Howard Hanna Real Estate Serv (513-587-5420). All Information is believed accurate, but is NOT guaranteed.

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the MLS of Greater Cincinnati, Inc. Real estate listings held by brokerage firms other than Bowling & Kugler Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.