Retail Business for Sale in Fairfield, OH
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Fairfield, OH 45014
Description
Marcus & Millichap is pleased to present 5900 Boymel Drive, Fairfield, OH. This medical office building was constructed in 1979 and completely renovated in 2016. The building consists of 8,300 square feet situated on approximately 1.18 acres of land. The property is occupied by Ortho Alliance MSO LLC / Beacon Orthopaedics & Sports Medicine, Ltd under a double-net Lease structure with 3% annual rental increases and is backed by a corporate guarantee. There are approximately three years remaining on the current lease term, along with two additional five-year renewal options. Investment Highlights: • Well-Established Beacon Orthopaedic Medical Clinic • Single-tenant, NN lease, new 3-year lease • Completely renovated building in June 2016 including new roof, all mechanicals.
Market Context
This retail in Fairfield, OH is listed for sale. It is offered at an approximate 8.4% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 67 days. Compare it against other retail listings for sale in Fairfield, OH — <a href="/search/sale/retail/ohio/fairfield">view the full market</a>.
As of Q1 2026, the Cincinnati retail market showed rents up 7.6% year over year, and cap rates around 8.2%. Source: Consensus Q1 2026 market report.
Its 8.4% asking cap rate is in line with the Cincinnati retail market average of about 8.2%. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Cincinnati?
- About 8.2% as of Q1 2026, per Consensus.
Unified Estimate
Medium Confidence$24.50/SF – $33.14/SF
Mid: $28.82/SF
Cost-of-business estimate only; rate estimator unavailable.
Contact
- Thomas Heitzman · (312) 327-5495 · thomas.heitzman@marcusmillichap.com
- Frank M. Roti · (312) 624-7013 · frank.roti@marcusmillichap.com
- Brett Rodgers · (312) 624-7012 · brett.rodgers@marcusmillichap.com
- Michael L. Glass · (614) 360-9800
- Frank Montalto · (312) 327-5421 · fmontalto@ipausa.com
Explore this market
Similar Retail Business for Sale in Fairfield, OH
- 6101 Detroit Avenue — $1.1M · Cleveland, OH · 8,500 SF
- 5218 Detroit Ave — Contact for price · Cleveland, OH · 84,863 SF
- Parkway Centre East — Contact for price · Columbus, OH · 1,287 SF
- The Dexter Retail Spaces — Contact for price · Cleveland, OH
- Gateway At Hilliard — Contact for price · Hilliard, OH
- Chestnut Hill Shopping Center — $2M · Columbus, OH · 9,956 SF