3015 E Livingston Ave
Columbus, OH 43209
Walgreens | 11.5 CAP | $3.35M | Columbus, OH · Retail Property For Sale

Pharma Property Group has been retained as exclusive agent and is pleased to offer investors the opportunity to acquire a Walgreens located in the infill of Columbus, OH. Walgreen’s lease currently has 2.5 years remaining on a double net lease with eight (5 year) options. This Walgreens is open 24 hours which speaks to the strength of its location and is reflected in the sales totals. The Walgreens has a CVS on two blocks away making this a strategic location for both Walgreens and CVS. Subject property is located in a densely populated infill area of Columbus with approximately 265,849 residents within a 5 mile radius. The intersection of East Livingston Avenue and South James Road have a combined traffic count of ±37,705 cars per day. Located 1 mile from Interstate 70 (±95,550 vehicles per day), this corridor is heavily traveled due to the large number of retail stores in the area. Columbus is the capital and largest city of the State of Ohio and is home to The Ohio State University, one of the largest universities in the United States. As of 2013, Columbus is home to the headquarters of five Fortune 500 corporations: Nationwide Mutual Insurance Company, American Electric Power, L Brands, Big Lots, and Cardinal Health, all of whom are based in the metropolitan area