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Cincinnati Commercial Market

Northern Kentucky Riverside

Office • Retail • Multifamily • Mixed-Use

Market Overview

About Northern Kentucky Riverside

Northern Kentucky's riverfront communities — Covington, Newport, and Bellevue — offer a compelling alternative to downtown Cincinnati with lower operating costs, strong incentive packages, and stunning Ohio River views.

7.5%
Vacancy Rate
$16.00/SF
Avg Asking Rent
7.5%
Avg Cap Rate
6.2M SF
Total Inventory

Market Intelligence

Market Insights

NKY Riverside offers the best of both worlds: proximity to Cincinnati's downtown core with Kentucky's more favorable tax environment. Covington's urban core is experiencing strong momentum with office, multifamily, and mixed-use development activity.

Investment Thesis

Opportunities

Mixed-use development along the riverfront, office repositioning in Covington, experiential retail at Newport on the Levee, and boutique multifamily in Bellevue. Kentucky TIF and tax incentive programs enhance investment returns.

Key Locations & Landmarks

📍Covington business district
📍Newport on the Levee
📍RiverCenter complex
📍MainStrasse Village
📍Ovation development site
📍Bellevue Avenue corridor

Major Employers & Anchors

🏢Fidelity Investments
🏢Newport Aquarium
🏢Braxton Brewing
🏢Hotel Covington
🏢St. Elizabeth Healthcare
🏢IRS Regional Center

Available Properties

Featured Listings

FOR SALE $2,450,000

450 Main Street

Office • 12,500 SF

Class A office building with recent renovations

FOR LEASE $22/SF NNN

1200 Vine Street

Retail • 3,200 SF

Prime street-level retail with high foot traffic

FOR SALE $4,200,000

875 Reading Road

Multifamily • 24 Units

Stabilized apartment building, 96% occupied

View All Listings

Explore Northern Kentucky Riverside Opportunities

Ready to invest, lease, or sell in Northern Kentucky Riverside? Our team delivers market intelligence and deal execution across all commercial asset classes.

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