1775 WASHINGTON ST BLDG #1100
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Location
1775 WASHINGTON ST BLDG #1100
Mblu
18/ / 7/ /
Acct#
323I
Owner
PREP HANOVER REAL ESTATE LLC
Total Market Value
$65,843,500
Appraisal
$65,843,500
PID
518
Building Count
14
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$50,829,500$15,014,000$65,843,500
Assessment
Valuation YearImprovementsLandTotal
2026$50,829,500$15,014,000$65,843,500

Owner of Record
OwnerPREP HANOVER REAL ESTATE LLC
Co-Owner
Address5905 EAST GALBRAITH RD
SUITE 1000
CINCINNATI, OH 45236
Sale Price$39,500,000
Certificate
Book & Page 47735/0016
Sale Date11/14/2016
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
PREP HANOVER REAL ESTATE LLC$39,500,000 47735/00161V11/14/2016
1775 WASHINGTON STREET HOLDINGS LLC$36,700,000 38256/01811L02/19/2010
WALTON HANOVER INVESTORS V, LLC$99,367,546 34478/01391G05/02/2007
HANOVER MALL PARTNERS LP$67,250,000 26971/01531G11/05/2003
THE REALTY ASSOC FUND III L.P.$38,000,000 13370/00131N01/11/1995

Building Information
Building 1 : Section 1
Year Built: 1971
Living Area: 13,400
Replacement Cost: $1,252,536
Building Percent Good: 56
Replacement Cost
Less Depreciation:

$701,400
Building Attributes
FieldDescription
Style:Dept/Disc Str
ModelCommercial
GradeAverage
Stories:1.00
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Brick Veneer
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2vinyl flooring
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSHOPPNG CTR M94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3230
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 13,400 13,400
CANCanopy 1,340 0
   14,740 13,400
Building 2 : Section 1
Year Built: 1971
Living Area: 110,728
Replacement Cost: $9,359,838
Building Percent Good: 56
Replacement Cost
Less Depreciation:

$5,241,500
Building Attributes : Bldg 2 of 14
FieldDescription
Style:Dept/Disc Str
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Stucco/Masonry
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1vinyl flooring
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSHOPPNG CTR M94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3230
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height22.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 110,728 110,728
   110,728 110,728
Building 3 : Section 1
Year Built: 1971
Living Area: 13,000
Replacement Cost: $1,725,104
Building Percent Good: 56
Replacement Cost
Less Depreciation:

$966,100
Building Attributes : Bldg 3 of 14
FieldDescription
Style:Store
ModelCommercial
GradeAverage +10
Stories:1
Occupancy2.00
Exterior Wall 1Brick Veneer
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSHOPPNG CTR M94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3230
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 13,000 13,000
CANCanopy 84 0
PTOPatio 800 0
   13,884 13,000
Building 4 : Section 1
Year Built: 1971
Living Area: 41,960
Replacement Cost: $6,519,457
Building Percent Good: 56
Replacement Cost
Less Depreciation:

$3,650,900
Building Attributes : Bldg 4 of 14
FieldDescription
Style:Strip Stores
ModelCommercial
GradeAverage
Stories:1
Occupancy3.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1ceramic tile
Interior Floor 2Concr-Finished
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Bldg UseSHOPPNG CTR M94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3230
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 41,960 41,960
CANCanopy 2,680 0
CLPLoading Platform, Finished 3,563 0
USTUtility, Storage, Unfinished 231 0
   48,434 41,960
Building 5 : Section 1
Year Built: 2012
Living Area: 50,508
Replacement Cost: $4,659,571
Building Percent Good: 92
Replacement Cost
Less Depreciation:

$4,286,800
Building Attributes : Bldg 5 of 14
FieldDescription
Style:Dept/Disc Str
ModelCommercial
GradeAverage +10
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Brick Veneer
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1ceramic tile
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSHOPPNG CTR M94
Total Rooms 
Total Bedrms0
Total Baths0
1st Floor Use:3230
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 50,508 50,508
CANCanopy 506 0
   51,014 50,508
Building 6 : Section 1
Year Built: 2020
Living Area: 91,342
Replacement Cost: $13,539,333
Building Percent Good: 99
Replacement Cost
Less Depreciation:

$13,403,900
Building Attributes : Bldg 6 of 14
FieldDescription
Style:Supermarket
ModelCommercial
GradeAverage +20
Stories:1.00
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1vinyl flooring
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSUPERMKT
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:3240
Heat/ACHEAT/AC SPLIT
Frame TypeFIREPRF STEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 91,342 91,342
CANCanopy 5,399 0
   96,741 91,342
Building 7 : Section 1
Year Built: 2021
Living Area: 66,554
Replacement Cost: $7,455,180
Building Percent Good: 99
Replacement Cost
Less Depreciation:

$7,380,600
Building Attributes : Bldg 7 of 14
FieldDescription
Style:Theaters Encl.
ModelCommercial
GradeAverage +20
Stories:3.00
Occupancy1.00
Exterior Wall 1Above Average
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1vinyl flooring
Interior Floor 2Carpet
Heating FuelGas
Heating TypeRadiant
AC TypeCentral Rough
Bldg UseTHEATER
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:3640
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height18.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 33,277 33,277
FUSUpper Story, Finished 33,277 33,277
   66,554 66,554
Building 8 : Section 1
Year Built: 2022
Living Area: 17,718
Replacement Cost: $1,927,931
Building Percent Good: 99
Replacement Cost
Less Depreciation:

$1,908,700
Building Attributes : Bldg 8 of 14
FieldDescription
Style:Commercial
ModelCommercial
GradeAverage +10
Stories:1.00
Occupancy2.00
Exterior Wall 1Pre-cast Concr
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSHOPPNG CTR M94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:3260
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUSP-CEIL ONLY
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 17,718 17,718
   17,718 17,718
Building 9 : Section 1
Year Built: 2022
Living Area: 23,171
Replacement Cost: $2,435,643
Building Percent Good: 99
Replacement Cost
Less Depreciation:

$2,411,300
Building Attributes : Bldg 9 of 14
FieldDescription
Style:Commercial
ModelCommercial
GradeAverage +10
Stories:1.00
Occupancy5.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Stone/Masonry
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeUnit/AC
Bldg UseSHOPPNG CTR M94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: RETAIL STORES
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 23,171 23,171
   23,171 23,171
Building 10 : Section 1
Year Built: 2022
Living Area: 28,806
Replacement Cost: $3,040,646
Building Percent Good: 99
Replacement Cost
Less Depreciation:

$3,010,200
Building Attributes : Bldg 10 of 14
FieldDescription
Style:Commercial
ModelCommercial
GradeAverage +10
Stories:2.00
Occupancy5.00
Exterior Wall 1Stucco/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSHOPPNG CTR M94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:RETAIL
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 28,806 28,806
   28,806 28,806
Building 11 : Section 1
Year Built: 2022
Living Area: 19,152
Replacement Cost: $1,511,284
Building Percent Good: 99
Replacement Cost
Less Depreciation:

$1,496,200
Building Attributes : Bldg 11 of 14
FieldDescription
Style:Commercial
ModelCommercial
GradeAverage
Stories:1.00
Occupancy5.00
Exterior Wall 1Minimum
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSHOPPNG CTR M94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:RETAIL SERVICES
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 19,152 19,152
   19,152 19,152
Building 12 : Section 1
Year Built: 2022
Living Area: 32,448
Replacement Cost: $2,250,593
Building Percent Good: 99
Replacement Cost
Less Depreciation:

$2,228,100
Building Attributes : Bldg 12 of 14
FieldDescription
Style:Commercial
ModelCommercial
GradeAverage
Stories:1.00
Occupancy10.00
Exterior Wall 1Minimum
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Minim/Masonry
Interior Wall 2Minim/Masonry
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSHOPPNG CTR M94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:RETAIL
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 32,448 32,448
   32,448 32,448
Building 13 : Section 1
Year Built: 2023
Living Area: 7,020
Replacement Cost: $572,621
Building Percent Good: 100
Replacement Cost
Less Depreciation:

$572,600
Building Attributes : Bldg 13 of 14
FieldDescription
Style:Commercial
ModelCommercial
GradeAverage
Stories:1.00
Occupancy3.00
Exterior Wall 1Minimum
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Minim/Masonry
Interior Wall 2Minim/Masonry
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSHOPPNG CTR M94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 7,020 7,020
   7,020 7,020
Building 14 : Section 1
Year Built: 2022
Living Area: 32,791
Replacement Cost: $2,273,400
Building Percent Good: 99
Replacement Cost
Less Depreciation:

$2,250,700
Building Attributes : Bldg 14 of 14
FieldDescription
Style:Commercial
ModelCommercial
GradeAverage
Stories:1.00
Occupancy1.00
Exterior Wall 1Minimum
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Minim/Masonry
Interior Wall 2Minim/Masonry
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSHOPPNG CTR M94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:RETAIL
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 32,791 32,791
   32,791 32,791

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ1MEZZANINE-UNF3600.00 S.F.$66,2005
SPR2WET/CONCEALED11786.00 S.F.$8,6003
SPR2WET/CONCEALED13400.00 S.F.$9,8001
SPR2WET/CONCEALED41960.00 S.F.$30,5004
SPR2WET/CONCEALED75000.00 S.F.$54,6002
LDL1LOAD LEVELERS3.00 UNITS$5,9004
SPR2WET/CONCEALED55840.00 S.F.$66,8005
LDL1LOAD LEVELERS1.00 UNITS$3,2005
ELEVELEVATOR2.00 STOP$39,2001
LDL1LOAD LEVELERS4.00 UNITS$13,9006

Land
Land Use
Use Code3230
DescriptionSHOPPNG CTR M94  
Zone
Neighborhood900
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)67.07
Frontage0
Depth0
Total Market Land$15,014,000
Appraised Value$15,014,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  904500.00 S.F.$678,4001
LT12W/FOUR LIGHTS  40.00 UNITS$49,2001
SGN1SIGN-1 SD  373.00 S.F.$5,6004
SGN3W/INT LIGHTS  480.00 S.F.$11,5001
SHD4SHD COM MTL  320.00 S.F.$16,0001
SHD4SHD COM MTL  160.00 S.F.$1,6001
SGN1SIGN-1 SD  40.00 S.F.$6001
SGN1SIGN-1 SD  34.00 S.F.$5003
SGN4W/MOTOR & LTS  672.00 S.F.$200,0001
PAT2PATIO-GOOD  432.00 S.F.$3,9001
SGN1SIGN-1 SD  87.00 S.F.$1,3003
PAV1PAVING-ASPHALT  10183.00 S.F.$22,9001
SGN1SIGN-1 SD  40.00 S.F.$6003
SHD4SHD COM MTL  160.00 S.F.$3,2004
SGN1SIGN-1 SD  93.00 S.F.$1,4004
SGN1SIGN-1 SD  220.00 S.F.$3,3004
SGN1SIGN-1 SD  104.00 S.F.$1,6004
SGN1SIGN-1 SD  80.00 S.F.$1,2004
SGN1SIGN-1 SD  120.00 S.F.$1,8004
SGN1SIGN-1 SD  480.00 S.F.$7,2005
SGN1SIGN-1 SD  450.00 S.F.$6,8005
SHD4SHD COM MTL  160.00 S.F.$3,2005
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$49,162,800$15,014,000$64,176,800
2024$28,550,300$15,014,000$43,564,300
2023$18,306,600$13,811,500$32,118,100

Assessment
Valuation YearImprovementsLandTotal
2025$49,162,800$15,014,000$64,176,800
2024$28,550,300$15,014,000$43,564,300
2023$18,306,600$13,811,500$32,118,100

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