NNN Properties For Sale in Hamilton County (Cincinnati), Ohio: Listings by Tenant, Town and Cap Rate

| by Investment Grade Research

in ,

Home › NNN Properties For Sale › Ohio › Hamilton County

19 NNN properties are observed for sale in Hamilton County, Ohio across 17 tenants and 3 towns as of November 9, 2026, at a median asking cap rate of 6.15%, 35 basis points below the Ohio median of 6.50%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, places each listing in its county from its mapped location, checks rated tenants against the investment grade threshold, and publishes the observations here: which tenants and towns carry the inventory, what it is asking, how Hamilton County prices against Ohio and the national market, and how an acquisition or 1031 exchange buyer should work through it.

Asking cap rates in Hamilton County run from 4.75% to 10.00%, with the middle half of listings between 5.70% and 7.00%. Median asking price $2.35M (median $641 per SF). Average remaining lease term 7.9 years among 7 listings that state a term. 2 listings report a 2026 build year. 9 listings were first observed and 4 dropped off active tracking in the last 90 days. Figures update automatically across publicly marketed offerings and broker materials.

Hamilton County vs Ohio and the National NNN Market

MeasureHamilton CountyOhioUnited States
Observed listings193437,398
Median asking cap rate6.15%6.50%6.35%
Middle half of asking cap rates5.70% to 7.00%6.00% to 7.50%5.70% to 7.15%
Median asking price$2.35M$2.14M$2.77M
Average remaining lease term (listings stating a term)7.9 yrs9.2 yrs10.1 yrs
Listings with an investment grade rated tenant brand or parent company5%27%25%

All three columns use the same listing rules. A county median reflects both location and which tenants are on the market, so compare any listing with its tenant’s cap rate range before reading a gap as a discount or a premium.

NNN Properties For Sale in Hamilton County: Latest Listings

Up to twenty-four single-tenant net lease properties in Hamilton County with published pricing, the newest from each tenant first. Below the table, the full listing browser carries every observed Hamilton County listing with tenant, town, cap rate, price and term filters. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.

TenantTownAsking PriceCap RateNOITerm LeftBuiltLease
Long John Silver'sCincinnati$876,3157.00%$61,342n/a1990Not statedGet full property data
Western DentalCincinnati$951,0006.50%$61,800n/a1968Not statedGet full property data
Not statedCincinnati$4,617,0006.15%$283,915n/a2022Not statedGet full property data
Freddy's Frozen Custard & SteakburgersCincinnati$2,346,0006.50%$152,500n/a2016Not statedGet full property data
FirestoneCincinnati$1,060,0005.70%$60,436n/a1985Not statedGet full property data
AAACincinnati$2,253,0007.00%$157,708n/a1984Not statedGet full property data
MidasCincinnati$2,598,3835.65%$146,809n/a1980Not statedGet full property data
TrulieveCincinnati$779,9317.25%$56,546n/a1929Not statedGet full property data
WawaBlue Ash$7,074,0004.75%$336,000n/a2026Not statedGet full property data
Orangetheory FitnessMontgomery$1,768,0006.50%$114,869n/a2020NN+Get full property data
Dutch BrosCincinnati$2,770,0006.00%$166,25014.1 yrs2025Absolute NNNGet full property data
ValvolineCincinnati$1,745,5005.50%$96,000n/a2026NNNGet full property data
Raising Cane'sCincinnati$3,165,0005.15%$163,0007.5 yrs2019Absolute NNNGet full property data
WalgreensCincinnati$4,817,0009.00%$433,5172.2 yrs2003Absolute NNNGet full property data
Panera BreadCincinnati$3,528,0005.75%$202,8687.6 yrs2019Absolute NNNGet full property data
The Landing DispensaryCincinnati$4,580,21710.00%n/an/a2023Not statedGet full property data
ValvolineCincinnati$759,0006.00%$45,4495.9 yrs1991Absolute NNNGet full property data

Showing 17 of 19 observed Hamilton County listings: the newest from each tenant first, then each tenant’s next newest. Listings without a published asking price and cap rate are not shown here.

Filter by tenant, city, cap rate, price and term. Listings with undisclosed pricing included.

Market observations aggregated from publicly marketed offerings and broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the offering party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.

Hamilton County NNN Properties by Tenant

Listing count, median asking cap rate and cap range by tenant. Tenants with a linked page have a profile covering credit rating status, cap rates and inventory.

TenantListingsMedian CapCap RangeMedian Price
Valvoline25.75%5.50% to 6.00%$1.25MValvoline NNN for sale
AAA1n/a7.00%$2.25M
Dutch Bros1n/a6.00%$2.77MDutch Bros NNN for sale
Family Dollar1n/an/a$0.62MFamily Dollar NNN for sale
Firestone1n/a5.70%$1.06MFirestone NNN for sale
Freddy's Frozen Custard & Steakburgers1n/a6.50%$2.35M
Long John Silver's1n/a7.00%$0.88M
Midas1n/a5.65%$2.60M
Orangetheory Fitness1n/a6.50%$1.77M
Panera Bread1n/a5.75%$3.53M
Raising Cane's1n/a5.15%$3.17M
The Landing Dispensary1n/a10.00%$4.58M
The Learning Experience1n/an/a$6.93M
Trulieve1n/a7.25%$0.78M
Walgreens1n/a9.00%$4.82MWalgreens NNN for sale
Wawa1n/a4.75%$7.07MWawa NNN for sale
Western Dental1n/a6.50%$0.95M

Tenants with the most Hamilton County listings observed (all 17).

Tenant Credit in Hamilton County

1 of 19 observed Hamilton County listings (5%) is leased to tenant brands whose own or parent company’s verified S&P, Moody’s or Fitch rating is investment grade (BBB‑ or Baa3 and above) in the Investment Grade ratings database, compared with 27% across Ohio and 25% nationally. Brands not yet in the ratings database count as not rated, so the share is a floor. A franchised location may be leased to a franchisee rather than the rated company, so confirm the tenant and any guarantee in the lease. Ratings and outlooks by tenant are on the investment grade credit tenant ratings page.

Hamilton County NNN Properties by Town

The towns with the most observed Hamilton County listings are Cincinnati (17), Blue Ash (1) and Montgomery (1). Tap any town in the table to filter the full listing browser to that town.

TownListingsMedian CapAvg Asking Price
Cincinnati176.15%$2.61M
Blue Ash1n/a$7.07M
Montgomery1n/a$1.77M

Towns as named in each listing (all 3).

Hamilton County Economy at a Glance

MeasureValuePeriodSource
Resident population838,418 (+1.0% since 2020)2025FRED OHHAMI1POP, U.S. Census Bureau
Unemployment rate (not seasonally adjusted)3.5%September 2026FRED OHHAMI1URN, U.S. Bureau of Labor Statistics
Per capita personal income$78,9872024FRED PCPI39061, U.S. Bureau of Economic Analysis

Latest published figures from FRED, Federal Reserve Bank of St. Louis, with the original publisher named. Each figure shows its own period and refreshes automatically when a new period is published.

Exchanging into or out of Hamilton County?
Tell us your timeline, target price range and whether the relinquished property is in Hamilton County. We match it against live Hamilton County, Ohio and national inventory.
Leave blank if it is not set yet.
What to beat: the property you are under LOI on
We coordinate with your CPA, tax attorney and qualified intermediary, who handle the tax and exchange side. Our role is the property: finding it, analyzing it and getting it closed.

NNN Properties in Counties Bordering Hamilton County

Counties that share a boundary with Hamilton County, including boundaries along rivers and inland lakes (not open Great Lakes waters), by observed listings with a confirmed county. Bordering counties with no observed listings are not shown, and counties without their own page yet are listed for reference.

How These Figures Are Calculated

Figures cover single-tenant net lease properties observed for sale in Hamilton County, Ohio across publicly marketed offerings and broker materials, and refresh automatically with each Investment Grade Research update. Each listing is placed in its county from its mapped location using U.S. Census Bureau county boundaries and, where possible, confirmed against its street address through the Census Bureau geocoder or the county named in the listing; a listing whose county cannot be confirmed is left off this page but stays on the Ohio page. A listing counts while it is actively marketed; listings marked under contract, pending, on hold or closed are excluded, as are listings priced under $150,000. Medians use published asking prices and published cap rates; listings without a published cap rate are left out of cap rate figures. These figures describe what sellers are asking, not closed sale prices, and an auction listing may show its starting bid as the asking price. The Ohio and national comparisons use the same rules. Tenant credit uses verified ratings in the Investment Grade ratings database.

Frequently Asked Questions: NNN Properties For Sale in Hamilton County

How many NNN properties are for sale in Hamilton County, Ohio?

As of November 9, 2026, 19 single-tenant net lease properties are observed for sale in Hamilton County across 17 tenants and 3 towns. The count updates automatically as listings are added and withdrawn.

What cap rates are Hamilton County NNN properties asking?

The median asking cap rate is 6.15%, with the middle half of listings between 5.70% and 7.00%. Asking cap rates describe what sellers are asking, not closed sale prices.

How does Hamilton County compare with the rest of Ohio?

The Hamilton County median asking cap rate of 6.15% sits 35 basis points below the Ohio median of 6.50%. A county median reflects both location and which tenants are on the market, so compare a listing with its tenant’s cap rate range before reading the gap as a discount or a premium.

Which tenants have the most Hamilton County NNN listings?

The tenants with the most observed listings are Valvoline (2), then 16 other tenants with 1 listing each.

Which towns in Hamilton County have the most NNN listings?

The towns with the most observed listings are Cincinnati (17), Blue Ash (1) and Montgomery (1). Tap a town in the town table to filter the listing browser.

More NNN Markets

Buying With 1031 Exchange Proceeds?

Compare this inventory with all 7,398 NNN properties observed for sale nationally on the 1031 exchange properties page, sorted by price band, tenant credit, remaining lease term and state. Then check your 1031 exchange deadlines: 45 days to identify replacement property and 180 days to close, or your tax return due date (including extensions) if that comes first (IRC 1031(a)(3); Treas. Reg. 1.1031(k)-1(b)(2)). General information, not tax or legal advice.

InvestmentGrade.com logo

Real Estate

Capital

Making the Grade