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320 S Water St
Kent, OH 44240
Walgreens | Adjacent to Kent State University · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Original Long-Term 25-Year Lease, 6+ Years Remaining
  • 22-Year Operating History at This Location
  • Leading Pharmacy Store Chain in the U.S. with 9,270+ Locations
  • Strong Unit-Level Sales, Year-Over-Year Growth
  • Corporate Guaranty from Investment Grade Tenant (Rated BBB by S&P), Ranked 16th on Fortune 500
  • Limited Landlord Responsibilities, Fee Simple Ownership

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,936 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.68 AC
Parking
60 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage
311’ on OH-59

AMENITIES

  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-025-40-00-048-001
Land Assessment
$257,530
Improvements Assessment
$546,950
Total Assessment
$804,480
  • Listing ID: 26006810

  • Date on Market: 6/23/2022

  • Last Updated:

  • Address: 320 S Water St, Kent, OH 44240

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