Drug Store
Giant Eagle Pharmacy
1380 S 4th St, Columbus, OH 43207
Listing Price: $582,500
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
Listing Price: $582,500
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.