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Shopping Strip

Discount Drug Mart Plaza

25 Briggs Dr, Ontario, OH 44906

Listing Price: $4,545,000

Cap Rate
8.00%
Gross SF
38,723
Rentable SF
38,723
Price/Gross SF
$117.37
Lot Size
4.08 acres
Year Built
2002

Investment Overview

Marcus & Millichap is pleased to present for sale Discount Drug Mart Plaza in Ontario, Ohio. This property is fully leased to six diverse tenants, all with triple-net leases. Ontario is a city in Ohio’s Richland County, located just west of the city of Mansfield. Over the past decade, the city’s population has grown by nearly seven percent; today, the city is home to over 6,600 residents.

Investment Highlights

  • High Performing Discount Drug Mart Anchor with Full Corporate Guarantee and Strong Sales
  • Sherwin-Williams Recently Extended Early for Five Years Out to 2029
  • 100 Percent Leased to Diverse Tenant Profile
  • Co-Located with a Top-Ranked Walmart Supercenter (Placer AI) and Home Depot, Providing Strong Big Box Support
  • Positioned on a Hard Corner Signalized Intersection Along Lexington Springmill Road, which is Mansfield's Primary Retail Thoroughfare
  • 50 Minutes from Columbus, the Fastest Growing MSA in the Midwest Since 2010

Exclusively Listed By

Financing By

Shopping Strip

Discount Drug Mart Plaza

Listing Price: $4,545,000

Cap Rate
8.00%
Gross SF
38,723
Rentable SF
38,723
Price/Gross SF
$117.37
Lot Size
4.08 acres
Year Built
2002

Investment Highlights

  • High Performing Discount Drug Mart Anchor with Full Corporate Guarantee and Strong Sales
  • Sherwin-Williams Recently Extended Early for Five Years Out to 2029
  • 100 Percent Leased to Diverse Tenant Profile
  • Co-Located with a Top-Ranked Walmart Supercenter (Placer AI) and Home Depot, Providing Strong Big Box Support
  • Positioned on a Hard Corner Signalized Intersection Along Lexington Springmill Road, which is Mansfield's Primary Retail Thoroughfare
  • 50 Minutes from Columbus, the Fastest Growing MSA in the Midwest Since 2010

Investment Overview

Marcus & Millichap is pleased to present for sale Discount Drug Mart Plaza in Ontario, Ohio. This property is fully leased to six diverse tenants, all with triple-net leases. Ontario is a city in Ohio’s Richland County, located just west of the city of Mansfield. Over the past decade, the city’s population has grown by nearly seven percent; today, the city is home to over 6,600 residents.

Exclusively Listed By

Financing By

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