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5195 N Hamilton Rd
Columbus, OH 43230
Retail Property For Sale
Investment Highlights
- Absolute NNN Lease with Nearly 8 Years Remaining on the Base Term Located at a Busy Signalized Intersection (25,000 VPD)
- Huge Population Growth of 7 Percent Projected Within a 3-Mile Radius In an Already Dense Area (178,000 People in a 5-Mile Radius)
- Adjacent to Laurels of Gahanna, a 112-Bed Nursing and Rehabilitation Center, Providing Medical Synergies to this Walgreens
- Rare Lease Structure with Rent Increases and 10-Year Options Providing Ownership Much Greater Leverage in Options
- True Retail Locations Directly Across from Home Depot and Meijer Grocery with Surrounding Retailers Including Marshalls, Big Lots, Panda Express
- Lease Corporately Guaranteed by Walgreens Co., the 18th Largest Company on the Fortune 500
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,500 SF
Building Class
B
Year Built/Renovated
2005/2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.96 AC
Parking
70 Spaces (4.83 Spaces per 1,000 SF Leased)
Frontage
199’ on N Hamilton Rd
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $615,170 | |
| Land Assessment | $551,400 | Total Assessment | $1,166,570 |
Property Taxes
Parcel Numbers
Land Assessment
$551,400
Improvements Assessment
$615,170
Total Assessment
$1,166,570
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