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20485 Euclid Ave
Euclid, OH 44117
 Walgreens · Retail Property For Sale

Drug Stores Ohio Euclid 20485 Euclid Ave, Euclid, OH 44117

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease with Rental Growth
  • Cleveland Clinic Euclid Hospital
  • Strong Corporate Guarantee

EXECUTIVE SUMMARY

Surmount is pleased to present the exclusive listing for a Walgreens located at 20485 Euclid Ave, Euclid, OH 44117. The site consists of roughly 14,408 rentable square feet of building space on an estimated 1.25-acre parcel of land. This Walgreens is subject to a 15-year Triple Net (NNN) lease, which commenced 2/23/2023. The current annual rent is $232,800 and has scheduled increases of 5.00% every 5 years.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,408 SF
Building Class
B
Year Built
2010
Price
$3,724,800
Price Per SF
$258.52
Cap Rate
6.25%
NOI
$232,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.25 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
U4
Frontage
267’ on Euclid Ave

AMENITIES

  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

Parcel Number 646-28-071 Improvements Assessment $395,150
Land Assessment $286,860 Total Assessment $682,010

PROPERTY TAXES

Parcel Number
646-28-071
Land Assessment
$286,860
Improvements Assessment
$395,150
Total Assessment
$682,010
 

  • Listing ID: 38268055

  • Date on Market: 10/30/2025

  • Last Updated:

  • Address: 20485 Euclid Ave, Euclid, OH 44117

More public record information on 20485 Euclid Ave, Euclid, OH 44117

The Retail Property at 20485 Euclid Ave, Euclid, OH 44117 is currently available for Sale. Contact Surmount for more information.

NEARBY LISTINGS

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20485 Euclid Ave, Euclid, OH for sale Building Photo- Image 1 of 3
Walgreens - 20485 Euclid Ave, Euclid, OH - main
20485 Euclid Ave, Euclid, OH for sale Aerial- Image 2 of 3
Walgreens - 20485 Euclid Ave, Euclid, OH - Ariel

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