Property Summary

Two Crowne Point


  • Strong Tenants with Corporate Backed Guarantees
  • Highly Visible Location
  • Dense Workforce Area
  • Strong Increase in Extension Rents
  • Long-Term Occupancy
  • Newly Improved Interior Space
  • Status CLOSED
  • Area 74,460 Square Footage
  • Location Cincinnati, OH
  • Type Jacobs Solutions Regional Office
  • StrategyCore-Credit


Sentinel Net Lease is acquiring Two Crown Pointe, a Class B office building located in Cincinnati, OH. The Building is comprised of 4 floors totaling 74,460 square feet of gross leasable area and is 100% leased to two tenants: Fortune 500 engineering firm, Jacobs Engineering (NYSE: J), occupies 91% of the building. International healthcare company, Hair Club, occupies 9% of the building. We are acquiring this property at an attractive cap rate of 11.1% with highly accretive debt, which we believe will produce a strong risk-adjusted return on this opportunity. With a weighted average lease term of over 7 years, this property is projected to produce excellent cash-on-cash returns from lease income, returning 102% of invested capital from lease income alone. 

Key Metrics



Cincinnati, OH