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Drug Store

Giant Eagle Pharmacy

1380 S 4th St, Columbus, OH 43207

Listing Price: $582,500

Cap Rate
7.50%
Tenant Name
Giant Eagle Pharmacy
Years Remaining On Lease
0.3
Gross SF
2,570
Guarantor
No Guarantee
Rentable SF
2,570
Price/Gross SF
$226.65
Lease Type
Double Net
Rent Per Square Feet
$16.00

Investment Overview

Freestanding Giant Eagle Pharmacy in Columbus, Ohio. Store Offers Full Pharmacy, as well as Convenience Retail Goods Including Beer, Wine & Lottery. Located within Columbus’ Merion Village Neighborhood; Just South of Downtown & German Village. Within Immediate Proximity to Select
Specialty Hospital Columbus South.

Investment Highlights

  • Freestanding Giant Eagle Pharmacy in Columbus, Ohio
  • Two Years Remaining on Original Five-Year Double Net Lease
  • Substantial Renovations Completed in 2020 when Giant Eagle took Occupancy
  • $1 per Square-Foot Rent Increase in Next Option Adds 50 bps to CAP Rate
  • Walkable and Drivable Neighborhood "Corner Store" Setting; Ample Parking on Parcel
  • $95,712 1-Mi AHHI, Spurred by Proximity to Downtown as well as German & Merion Villages

Exclusively Listed By

Financing By

Drug Store

Giant Eagle Pharmacy

Listing Price: $582,500

Cap Rate
7.50%
Tenant Name
Giant Eagle Pharmacy
Years Remaining On Lease
0.3
Gross SF
2,570
Guarantor
No Guarantee
Rentable SF
2,570
Price/Gross SF
$226.65
Lease Type
Double Net
Rent Per Square Feet
$16.00

Investment Highlights

  • Freestanding Giant Eagle Pharmacy in Columbus, Ohio
  • Two Years Remaining on Original Five-Year Double Net Lease
  • Substantial Renovations Completed in 2020 when Giant Eagle took Occupancy
  • $1 per Square-Foot Rent Increase in Next Option Adds 50 bps to CAP Rate
  • Walkable and Drivable Neighborhood "Corner Store" Setting; Ample Parking on Parcel
  • $95,712 1-Mi AHHI, Spurred by Proximity to Downtown as well as German & Merion Villages

Investment Overview

Freestanding Giant Eagle Pharmacy in Columbus, Ohio. Store Offers Full Pharmacy, as well as Convenience Retail Goods Including Beer, Wine & Lottery. Located within Columbus’ Merion Village Neighborhood; Just South of Downtown & German Village. Within Immediate Proximity to Select Specialty Hospital Columbus South.

Exclusively Listed By

Financing By

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