Property name: 290 Aristocrat
Buyer: NHC – Aristocrat LLC
Seller: Del-Fair Inc.
Listing broker, firm: Joseph DiSalvo, Marcus & Millichap
Buyer’s broker, firm: John Rubin, Robert Louis Group
Price: $2.2 million
Deal closed: Feb. 1, 2019
Description of property: A nearly 12,000-square-foot single-tenant industrial building occupied by Cincinnati Bell
Address: 290 Aristocrat Drive, Florence 41042
Behind the deal: With 11 years of term and a strong NNN lease with Cincinnati Bell, Neyer Holdings Corp. identified this property as an opportunity to enjoy steady long-term cash flow or market to national buyers. Neyer Holdings’ real estate group seeks and creates opportunities to generate value through unique combinations of functions in the financial, physical and market aspects of real estate.