Overview

Description

Landen Square, a 68,190 square-foot neighborhood center located in Maineville, OH (Cincinnati MSA). The Property is 99% occupied and is shadow anchored by Cincinnati based and market dominant Kroger, the leading market share grocer in Cincinnati. The Property features a unique blend of internet resistant tenants comprised mainly of fitness, service, and food-based operators making up over 70% of the tenancy – including the longstanding Countryside YMCA.
Landen Square has experienced strong recent leasing momentum with 10 leases being signed totaling 20,575 square feet of leasing activity in the last 18 months. This included an expansion from the Countryside YMCA into an additional 1,197 SF, highlighting the tenant’s strong performance and desire to remain here long-term.
The Property sits in the heart of one of the most sought-after submarkets in the Cincinnati MSA. With more than 103,000 people within a five-mile radius, featuring average household incomes in excess of $134,000, the Property is ideally positioned to continue to serve one of Cincinnati’s premier submarkets. Additionally, there are nearly 70,000 daytime employees within a five-mile radius of the Property providing additional daily traffic to the center.

The Village of Maineville is located in Warren County, Ohio and was founded in 1815. Maineville is only 16 miles from the lively city of Cincinnati, the economic and cultural hub of the Cincinnati metropolitan area and the fastest-growing economic power in the Midwest, based on an increase of the economic output. Metropolitan Cincinnati has the twenty-eighth largest economy in the United States and the seventh-largest in the Midwest. It currently has the fastest-growing Midwestern economic capital based
on percentages. Several Fortune 500 companies are headquartered in Cincinnati, such as Procter & Gamble, The Kroger Company, and Macy’s, Inc. General Electric has headquartered its Global Operations Center in Cincinnati. Cincinnati is also within a day’s drive of 50% of the United States populace, the most of any city in the United States.

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