Walgreens 6201 E Broad St 14,820 SF Retail Building Columbus, OH 43213 $5,410,000 ($365.05/SF) 8% Cap Rate



INVESTMENT HIGHLIGHTS
- 7 Years Remaining, Absolute NNN Lease with Zero Landlord Responsibilities
- Corporate Guaranty (NYSE: WBA) by Fortune 500 Company, 12,500+ Locations with $147.7 Billion in Revenue
- Serving Over 235,000 Residents in Densley Populated Trade Area
- Strong Unit-Level Sales with Year-Over-Year Growth
- Additional Billboard Income Guaranteed by Lamar (NASDAQ: LAMR), Largest Billboard Advertising Company in the U.S.
- Strong Average Household Incomes Exceed $93,000 in 1 Mile and $114,000 in 3 Miles
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2007
Price
$5,410,000
Price Per SF
$365.05
Cap Rate
8%
NOI
$432,820
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.80 AC
Zoning
LC2 - Limited Commercial District
Parking
120 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $485,630 | |
Land Assessment | $609,740 | Total Assessment | $1,095,370 |