Drug Store
Absolute NNN Walgreens in Columbus MSA
6266 Gender Rd, Canal Winchester, OH 43110
Listing Price: $5,703,126
Investment Overview
Subject is a Prime 14,560 Square-Foot Build-to-Suit Walgreens on a 1.96-Acre Lot with Ample Parking, Pylon Signage, Easy Ingress/Egress, Strategically Located on a Signalized Intersection Absolute NNN Lease with a 25-Year Base Term and Zero Landlord Responsibility | Over Six Years Remaining and 10 x 5-Year Options
Absolute NNN Walgreens in Columbus MSA
Investment Highlights
- Robust Traffic Counts on Gender Road (17,506 VPD) and Winchester Boulevard (9,774 VPD), a Quarter Mile off of US Highway 33 (53,743 VPD) (Source: LandVision, CoStar, ODOT, 2022)
- Investment-Grade Credit Tenant Walgreens Boots Alliance (NASDAQ: WBA) has a Long-Term Stable Credit Rating of Baa2 (Stable) from Moody's and Investment Grade Rating of BBB (Stable) from S&P
- Well Established Retail Area | Nearby National Retailers Include: Walmart, Dollar Tree, Starbucks, AutoZone, Kroger, Hampton Inn, Popeyes, Best Western, Buffalo Wild Wings, Chipotle, and Others
- Affluent Community with an Average Household Income of Over $87K within Five Miles of the Subject Asset, as of 2022
- Subject is 13 Miles from John Glenn Columbus International Airport, Serving 6 Million Passengers Annually and 13 Miles from Downtown Columbus, with a Population of 906K
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Listing Price: $5,703,126
Investment Highlights
- Robust Traffic Counts on Gender Road (17,506 VPD) and Winchester Boulevard (9,774 VPD), a Quarter Mile off of US Highway 33 (53,743 VPD) (Source: LandVision, CoStar, ODOT, 2022)
- Investment-Grade Credit Tenant Walgreens Boots Alliance (NASDAQ: WBA) has a Long-Term Stable Credit Rating of Baa2 (Stable) from Moody's and Investment Grade Rating of BBB (Stable) from S&P
- Well Established Retail Area | Nearby National Retailers Include: Walmart, Dollar Tree, Starbucks, AutoZone, Kroger, Hampton Inn, Popeyes, Best Western, Buffalo Wild Wings, Chipotle, and Others
- Affluent Community with an Average Household Income of Over $87K within Five Miles of the Subject Asset, as of 2022
- Subject is 13 Miles from John Glenn Columbus International Airport, Serving 6 Million Passengers Annually and 13 Miles from Downtown Columbus, with a Population of 906K
Investment Overview
Subject is a Prime 14,560 Square-Foot Build-to-Suit Walgreens on a 1.96-Acre Lot with Ample Parking, Pylon Signage, Easy Ingress/Egress, Strategically Located on a Signalized Intersection Absolute NNN Lease with a 25-Year Base Term and Zero Landlord Responsibility | Over Six Years Remaining and 10 x 5-Year Options
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
