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Rookwood Commons & Pavilion is an open-air lifestyle retail center located in the Kenwood submarket of Cincinnati, Ohio, at the intersection of Interstate 71 and Edwards Road, providing convenient access to downtown Cincinnati and surrounding affluent suburbs. The property spans approximately 685,000 square feet of gross leasable area, with a reported occupancy rate of around 96% as of recent data, hosting over 70 tenants focused on specialty retail, dining, and services.

Key anchors include Whole Foods Market for grocery, REI for outdoor gear, and Nordstrom Rack for apparel, complemented by mid-tier fashion brands such as Athleta, Banana Republic, J.Crew Mercantile, and Talbots; home furnishings like HomeGoods and West Elm; beauty retailer Ulta; and bookstore Joseph-Beth Booksellers. Dining options feature casual upscale restaurants including P.F. Chang's, Seasons 52, and The Capital Grille, enhancing the lifestyle appeal.

The catchment area within a 5-mile radius includes a population of 267,860, 123,392 households with an average income of $69,484, and a daytime population of 305,515 driven by adjacent office spaces totaling 685,000 square feet. High traffic volumes, with over 130,000 vehicles daily on I-71 and 14,000-37,000 on local roads, support strong footfall. In the context of Cincinnati's retail market, which maintains a low overall vacancy rate of 3.8% in 2024 amid robust demand, Rookwood benefits from its position in a major retail corridor.

Leasing advantages include stable tenancy with national credit tenants, proximity to residential and employment hubs, and a balanced tenant mix that drives cross-shopping, though open-air format exposes it to weather-related risks. Potential drawbacks involve competition from nearby enclosed centers and moderate rent levels estimated at $25-35 per square foot in similar properties.

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 09:00 PM
Saturday10:00 AM — 09:00 PM
Sunday12:00 PM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

3805 Edwards Road, Cincinnati, United States

Insights

Demographics and Catchment Area

The primary trade area for Rookwood Commons features a 3-mile radius population of 115,163 and 55,163 households with average income of $68,164, expanding to 782,657 residents and $71,844 average income within 10 miles. This affluent suburban demographic, characterized by professionals and families in the 35-54 age range, supports mid-upscale retail with spending power focused on lifestyle and experiential shopping. Daytime population swells to 305,515 within 5 miles due to nearby office concentrations, boosting weekday traffic for service-oriented tenants. However, saturation in the category may limit growth for non-differentiated concepts.

Accessibility and Footfall Metrics

Excellent highway access via I-71, with daily traffic exceeding 130,000 vehicles, and local roads like Edwards (14,099 vpd) and Madison (36,902 vpd) ensure high visibility and convenience. As an open-air center, it attracts pedestrian and vehicular footfall estimated at levels comparable to regional averages, supported by adjacent hotels like Residence Inn and Courtyard by Marriott. Public transit options are limited, relying on personal vehicles, which aligns with the suburban profile but poses challenges for urban commuters. Overall, strong infrastructure contributes to consistent performance, though parking management during peak events is essential.

Competition and Market Risks

Rookwood faces direct competition from Kenwood Towne Centre, a 1-million sq ft enclosed mall 1 mile away with anchors like Nordstrom and Macy's, drawing similar demographics but offering weather-protected shopping. Other nearby centers include The Kenwood Collection for luxury and Scripps Center for urban retail. Cincinnati's retail market remains tight with 3.8% vacancy in 2024, favoring incumbents, but risks include e-commerce pressures on physical retail and potential oversupply in dining categories. Lease terms typically feature base rents of $25-35 psf plus percentage, with strong co-tenancy protections due to high occupancy.

Building Details

Property Type
Regional
Gross Leasable Area
55,390
Year Built
1990
Parking Spaces
2500
Average Monthly Footfall
500,000
Owner
Hines
Anchor Tenants
West Elm, HomeGoods, DSW, P.F. Chang's, J. Alexander's

Detailed Market Analytics

Primary Catchment Area
4.8 sq km
Secondary Catchment Area
314 sq km
Catchment area population
115,163 people
Population growth rate
0.5 %
Median age
38 years
Household size
2.1 people/household
Education level (tertiary)
35 percent

Median household income
71,844 USD/year
Unemployment rate
4.8 %
Cost of living index
92 index

Retail spending per capita
12,000 USD/year
Spending on apparel
1,500 USD/year
Spending on groceries
3,800 USD/year
Spending on electronics
900 USD/year

Annual foot traffic
6,000,000 visitors/year
Dwell time
60 minutes
Conversion rate
20 %
Sales per square meter
7,500 USD/sqm/year

Number of retail stores
72 stores
Anchor tenant presence
Yes boolean
Competitor density (same category)
Medium qualitative
Tenant diversity
High qualitative
Unique Concepts
Yes boolean

Gross Leasable Area
55,390 sqm
Number of Levels
2 levels
Average rent per square meter
132 USD/sqm/year
Vacancy rate
4 %
Lease term flexibility
Medium qualitative
Available retail space
2,216 sqm

Proximity to main roads
0.5 km
Public transport access
Yes boolean
Parking spaces
2,500 spaces
Pedestrian traffic
Moderate qualitative

E-commerce competition
High qualitative
Click-and-collect adoption
30 %
Internet penetration
95 %

Retail crime rate
2 incidents/1,000 visitors
Security measures
CCTV and guards qualitative

Promotional events
12 events/year
Loyalty program penetration
40 percent
Digital signage presence
Yes boolean

Projected foot traffic growth
3 percent/year
New tenant pipeline
5 tenants
Mall expansion plans
Yes boolean
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Cincinnati, OH

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