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3352 Kent Rd
Stow, OH 44224
CVS · Retail Property For Sale
Executive Summary
Well Positioned: This Hard Corner CVS that is well located on the major thoroughfare of Kent Road and Darrow Rd with daily traffic counts of 32,000 VPD.
Commitment: CVS has been situated at this intersection since 1998 and has over 8 years of term remaining with 6, 5-year options.
Strong Local Demographics: The average HH income is $89,233 in a 3-mile radius with a majority of the population being 65+.
Investment Grade Tenant: CVS has a BBB credit rating from S&P, signaling stability in the Pharmacy market.
Nearby Consumer Base: Property located next to a major trade area of Stow, Ohio, with tenants such as (Target, Meijer, T.J.Maxx, Aldi, Kohl’s, Hobby Lobby, Chipotle, O’Rileys, and many more).
Commitment: CVS has been situated at this intersection since 1998 and has over 8 years of term remaining with 6, 5-year options.
Strong Local Demographics: The average HH income is $89,233 in a 3-mile radius with a majority of the population being 65+.
Investment Grade Tenant: CVS has a BBB credit rating from S&P, signaling stability in the Pharmacy market.
Nearby Consumer Base: Property located next to a major trade area of Stow, Ohio, with tenants such as (Target, Meijer, T.J.Maxx, Aldi, Kohl’s, Hobby Lobby, Chipotle, O’Rileys, and many more).
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,876 SF
Building Class
B
Year Built
1998
Price
$2,884,354
Price Per SF
$292.06
Cap Rate
7.35%
NOI
$212,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.10 AC
Parking
50 Spaces (5.06 Spaces per 1,000 SF Leased)
Frontage
264’ on Darrow Rd
Amenities
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 56-16931 | Improvements Assessment | $305,683 |
| Land Assessment | $138,359 | Total Assessment | $444,042 |
Property Taxes
Parcel Number
56-16931
Land Assessment
$138,359
Improvements Assessment
$305,683
Total Assessment
$444,042
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