10013-11093 Kenwood Road, Cincinnati

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10013-11093 Kenwood Road, Cincinnati
100% owned by the DXS PortfolioView a list of all DXS Properties

The property is located just west of the I-71/I-275 interchange. Seven one story, concrete tilt-up/masonry and metal, single/multi- tenant warehouse buildings. Roof systems are built up tar and metal.

Building Type: Distribution Centre
Title:  Freehold
Site Area: (acres)  40.6
Lettable Area: ('000 ft2)  770.1
Number of Buildings:  7 
Car Parking Space/s:  340 

Major Tenant: Commonwealth, Inc.



Metro Area: Cincinnati 
Zoning: City Centre 
Site Coverage: (%)40
Number of Units: 11 
Average Unit Size ('000 ft2): 70 
Acquisition Date: Sep 2004 
Acquisition Price plus Additions: (US$m) 16.8
Book Value: (US$m)14
Independent Valuation Date:Dec 2009 
Independent Valuation: (US$m)14.7 
Market Cap Rate: (%)9.00
Initial Yield: (%)14
Discount Rate: (%)10
Average Passing Rent: (US$/ft2)2.71
Average Market Rent: (US$/ft2)2.15
Leased by Area: (%)89
Weighted Lease Term by Income: (year/s)5
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Data last updated: 18 August 2010