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Walgreens 520 Broadway Ave 14,500 SF Retail Building Bedford, OH 44146 $3,406,000 ($234.90/SF) 7.40% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute NNN lease with zero landlord responsibilities
- Walgreens early extension demonstrates long-term commitment to this location
- University Hospitals ranks as the 3rd-largest hospital system in Ohio with annual revenue exceeding $6.64 billion
- Average return over the next nine years of 7.81%
- Within 0.4 miles of University Hospitals Bedford Campus (197,757 SF)
- High-performing Walgreens location – inquire with broker for details
EXECUTIVE SUMMARY
Absolute NNN lease with zero landlord responsibilities
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,500 SF
Building Class
C
Year Built
2006
Price
$3,406,000
Price Per SF
$234.90
Cap Rate
7.40%
NOI
$251,940
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.57 AC
Zoning
B-2A - Automotive Business District
Frontage
334’ on Broadway Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 812-05-021 | Improvements Assessment | $391,720 |
| Land Assessment | $383,705 | Total Assessment | $775,425 |
PROPERTY TAXES
Parcel Number
812-05-021
Land Assessment
$383,705
Improvements Assessment
$391,720
Total Assessment
$775,425
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Walgreens | 520 Broadway Ave
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