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1880 S Limestone St
Springfield, OH 45505
Walgreens · Retail Property For Sale
Investment Highlights
- Absolute "NNN" Net Lease | Requires Zero Landlord Responsibilities
- 14,490 SF Building Equipped w/ Drive-Thru Situated on 1.97 Acres
- 5-Mile Radius Population Exceeds: 77,000
- Recent Lease Renewal | Over 4 Years of Firm Term Remaining
- Subject Site 2 Miles From Springfield Regional Medical Center (America's 250 Best Hospitals Award™ (2021)
- S Limestone Street & E John Street Combined Traffic Counts: 23,000 VPD+/-
Executive Summary
Absolute "NNN" Net Lease | Requires Zero Landlord Responsibilities
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
C
Year Built
2001
Price
$2,400,000
Price Per SF
$165.63
Cap Rate
10%
NOI
$240,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.97 AC
Zoning
CM
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
146’ on S Limestone St
Property Taxes
| Parcel Number | 34-00700-03340-0032 | Improvements Assessment | $226,210 |
| Land Assessment | $168,190 | Total Assessment | $394,400 |
Property Taxes
Parcel Number
34-00700-03340-0032
Land Assessment
$168,190
Improvements Assessment
$226,210
Total Assessment
$394,400
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