Overview
Colliers, on behalf of the Owner, is pleased to present the opportunity to purchase Fountain Pointe II, an 88.86% leased, 2-story, 89,721-squarefoot, Class B, suburban office building located in Cincinnati, OH’s largest suburban submarket, Blue Ash. This asset benefits from the conveniently located Blue Ash submarket with easy access to I-275, I-71, I-75 and the Ronald Reagan Cross Highway, which connect commuters to the many cultural, entertainment and sporting venues the Greater Cincinnati area has to offer. The site is also situated in an affluent community with an average household income over $125,000. Fountain Pointe II serves varying tenant sizes ranging from 1,447 to 42,651 square feet and is well positioned to capture a large share of tenant demand in the market. The current ownership has initiated a very successful repositioning effort creating significant momentum within the market and creating an exceptional opportunity for the new buyer to carry forward the leasing effort and completely stabilize the asset. The property is being offered to a select group of qualified investors on an “as-is,” all cash basis. All Letters of Intent should include, at a minimum, the purchase price, earnest money, inspection provisions, closing date, and the proposed allocation of closing costs between Purchaser and Seller. Please submit all Letters of Intent to the Investment Contacts listed.