Hamilton Shops Shopping Center Asset Hamilton Ohio

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Investment Offering

Tenant: Hamilton Shops | Hamilton, OH
Premises: SF
Renewal Options:

Lease Expiration: Varies
Lease Type:
Rental Increases:

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

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Tenant Overview

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.

Area Overview