385 Northland Blvd | Springdale, OH 45240
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- LoopNet Team
385 Northland Blvd
Springdale, OH 45240
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Walgreens signed a new 15 year lease in 2023
- Positioned at the signalized intersection of Northland Blvd and Springfield Pike, seeing more than 32,000 VPD.
- Neighboring retailers include, Aldi, Jersey Mikes, PNC Bank, Five Below, Lowes, etc.
- Lease offers 5% increases throughout the base term and option period providing a strong hedge against inflation.
- Located in a dense market with a population of over 157,000 within a 5-mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,747 SF
Building Class
C
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.57 AC
Zoning
LRB, Springdale
Parking
55 Spaces (3.73 Spaces per 1,000 SF Leased)
Frontage
237’ on Northland Blvd
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 599-0042-0147 | Improvements Assessment | $415,902 |
| Land Assessment | $237,776 | Total Assessment | $653,678 |
PROPERTY TAXES
Parcel Number
599-0042-0147
Land Assessment
$237,776
Improvements Assessment
$415,902
Total Assessment
$653,678
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