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1280 Demorest Rd
Columbus, OH 43204
Walgreens · Retail Property For Sale
Investment Highlights
- 15,120 SF Single-Story, Freestanding Building with Drive-Thru
- Ample On-Site Parking with 80 Spaces
- Over 20,000 VPD at Demorest Rd & Clime Rd
- Situated on 2.0 Acres
- Ideal for Owner-User or Future Medical, Pharmacy, Fitness & Retail Users
- ±$315,000 in Contracted Rent Remaining from Current National Tenant Through Scheduled Vacate
Executive Summary
This 15,120 SF single-story freestanding retail building sits on 2.0 acres in Columbus's strong southwest submarket. The property features an existing drive-thru, 80 on-site parking spaces, and a flexible layout suitable for continued retail use or adaptive reuse for medical, pharmacy, fitness, or other commercial users. With over 20,000 VPD at Demorest Road and Clime Road and convenient access to I-70, I-270, and U.S. Route 40, the property offers excellent visibility and accessibility. Approximately $315,000 in remaining rent from the current national tenant provides added value through the scheduled vacate.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,120 SF
Building Class
B
Year Built
1972
Price
$2,750,000
Price Per SF
$181.88
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.00 AC
Zoning
C3, Columbus
Parking
80 Spaces (5.29 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
- Car Charging Station
Property Taxes
| Parcel Numbers | Improvements Assessment | $583,140 | |
| Land Assessment | $305,140 | Total Assessment | $888,280 |
Property Taxes
Parcel Numbers
Land Assessment
$305,140
Improvements Assessment
$583,140
Total Assessment
$888,280
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