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CareFirst Urgent Care, Little Caesars
1476-1496 South Erie Boulevard, Hamilton, OH, 45011, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the Hamilton Shops Shopping Center Asset Located at 1476-1496 South Erie Boulevard in Hamilton, OH. The Property Includes a 100% Leased 6 Tenant Strip Center on a Long Term Ground Lease (Ground Lease Runs For 66 Years Including Options) Providing a New Investor Long Term Security, Strong Cash Flow & Full Depreciation Benefits. Shadow Anchored By a Top Producing Kroger Grocery Store (Placer.ai.) With 1.3M Visits Per Year, the Subject Property Benefits From a Strong Destination Location and Customer Draw. With a Long Term Operating History and Low Historical Vacancy, This Property Provides an Investor Security, High Yield, Low Cost Per Square Foot and Favorable Depreciation Benefits.
- Shadow Anchored By Top Performing Kroger Location (NAP): This Kroger Performs in the Top 4% of All Grocery Stores Nationwide (Placer.ai) With 1.3M Visits Per Year Creating a Strong Destination Location and Customer Draw
- 100% Leased Shopping Center Featuring 6 Tenants, Including Casual Dining, Healthcare, and Other Essential Services; The Variety of Business Types Ensures a Steady Income Stream and Broad Customer Appeal, Making this a Strong and Stable Investment
- High Yield (8.55% Cap Rate) and Low Cost Per Square Foot Opportunity ($170 PSF)
- Below Market Rents (Average $16.08) Providing Future Security / Potential Upside to a New Investor
- Long-Term Operating History / Low Historical Vacancy – 4 of the 6 Tenants Have Operated at the Property For Over 15 Years
- Long Term Leasehold (66 Years Remaining With Options) Provides New Investors with Full Depreciation
- Affluent Trade Area – Over $95,014 Average Household Income Within a 5-Mile Radius
- Densely Populated Area – Over 147,000 Residents Residing Within a 5-Mile Radius Contributing to the Shopping Center’s Sustained Success
- Strong Retail Corridor With Neighboring Tenants Including – Kroger, Chipotle, McDonald’s, Sonic Drive-In, Secure EZ Storage, Domino’s Pizza, and More
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker – Lic. #REC.2020005946 BoR: Scott Reid – Lic. OH #BRKP.2020001224
CareFirst Urgent Care, Little Caesars
1476-1496 South Erie Boulevard, Hamilton, OH, 45011, USA
LITTLE CAESARS
Little Caesars, the Best Value in Pizza*, was founded by Mike and Marian Ilitch as a single, family-owned restaurant in 1959 and is headquartered in downtown Detroit, Michigan. It is the third-largest pizza chain in the world, with restaurants in each of the 50 U.S. states and 29 countries and territories. Known for its HOT-N-READY® pizza, Crazy Puffs®, and famed Crazy Bread®, Little Caesars uses quality ingredients, like fresh, never-frozen mozzarella and Muenster cheese and sauce made from fresh-packed, vineripened California crushed tomatoes. A high-growth company with over 65 years in the $150 billion worldwide pizza industry, Little Caesars continually looks for franchisee candidates to join the team in markets worldwide. As of February 2025, Little Caesars operates 4,203 stores in US across 52 states and territories, with California hosting the highest number at 540 locations.
RENTMART
Based in Lancaster, Pennsylvania and founded in 1984, Majik Rent-to-Own is a family-owned company with a dedicated team that makes it super easy to lease the most affordable furniture, mattresses, appliances, electronics and more! We currently operate 13 stores in central Pennsylvania, always making our customers our top priority. Originating as a video rental business, Majik Rent-To-Own was founded by Dave Fisher, who introduced a $10 per week rent-to-own program for VCRs, allowing customers to keep them at home for an entire week at half the cost of a weekend rental. The company offers a range of products, including furniture, mattresses, appliances, and electronics, with flexible payment options and no long-term obligations, catering especially to customers with no or poor credit.
CAREFIRST URGENT CARE
Founded in 2011, CareFirst Urgent Care is the largest independent urgent care provider in Cincinnati with 44 clinics across OH, KY, and NV. CareFirst treats non-life-threatening injuries and illnesses 363 days a year, with COVID- 19 testing and occupational medicine services for employers available. CareFirst Urgent Care is a leading provider of walk-in urgent care services, offering accessible, high-quality healthcare to communities across multiple states, including Ohio, Kentucky and Nevada.
SKYLINE CHILI
Skyline is famous for our incredibly delicious Cheese Coneys and 3-Ways. Our unique chili is still made with the original secret family recipe passed down through generations of the Lambrinides family. It’s extremely craveable. Some would even say addictive. All we know is people love it. And we love serving it to our family and friends. Skyline Chili is not just a restaurant—it’s a community of chili enthusiasts dedicated to sharing their love for our one-ofa- kind flavors. As of February 2025, Skyline Chili operates over 135 locations across four states: Ohio, Kentucky, Indiana, and Florida.
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Scott Reid, ParaSell LLC
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Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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