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132 Richmond St
Painesville, OH 44077
Walgreens · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
15,048 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.63 AC
Zoning
B-4
Frontage
270’ on Jackson St

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

About 132 RICHMOND ST , PAINESVILLE, OH 44077

The 15,048 square foot Walgreens benefits from its location at the corner of a signalized intersection. The property is also ideally positioned just off of Lakeland Fwy (41,280 VPD) which connects Painesville to Cleveland. The property is located in a retail corridor with PNC, CVS, Dunkin Donuts, McDonald’s and Taco Bell. The Walgreens property is also near Riverside High School (1,745 students) which drives continual traffic to the trade corridor. There are over 75,000 people living within five miles of the property with an average household income of $81,854. The Walgreens lease expires February 28, 2028 and features eight 5-year renewal option periods. Walgreens is the largest drug retailing chain in the United States and has over 8,175 locations in the U.S.A. Walgreens is publicly traded on the New York Stock Exchange (WBA) with a market capitalization in excess of $47 billion. Both Walgreen Co. and Walgreens Boots Alliance, Inc. are investment grade rated each with a Standard & Poor’s rating of BBB.

  • Listing ID: 17514474

  • Date on Market: 10/21/2019

  • Last Updated:

  • Address: 132 Richmond St, Painesville, OH 44077

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