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INVESTMENT HIGHLIGHTS
Competitive Rent - Below Replacement Cost With pricing at $126 per square foot, this property is significantly below replacement cost for a 13,450 SF asset. It features a modest rent of $10.78 per square foot, offering excellent value.
Top 20% in Visits – Ohio This location ranks in the top 20% of Walgreens stores in Ohio for customer visits (top 35% nationally), based on Placer.ai analytics.
Corporate Lease Guarantee Rental payments are secured by a corporate guarantee from Walgreens, ensuring a dependable and stable income stream.
NN Lease - Minimal Landlord Responsibilities The NN lease structure requires minimal landlord involvement, making this an attractive passive investment for cash flow-focused investors.
29-Year Operating History Since 1996, Walgreens has successfully operated at this location, demonstrating its long-term viability and importance to the company.
Strong Local Demographics Located in the Cincinnati MSA, the property benefits from a strong population base of over 11,000 residents within one mile.
Excellent Rent-to-Sales Ratio Excluding Pharmacy sales, the most recent rent-to-sales is +/- 5% . This location reports consistent, strong sales annually. Contact the broker for detailed financial metrics.
