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Drug Store

Walgreens | Adjacent to 77-Acre Regional Medical Campus & Hospital

6201 E Broad St, Columbus, OH 43213

Listing Price: $5,410,000

Cap Rate
8.00%
Tenant Name
Walgreens
Years Remaining On Lease
7.1
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Absolute Net
Rent Per Square Feet
$29.21

Investment Overview

Marcus & Millichap is pleased to present the Walgreens in Columbus, Ohio.

Investment Highlights

  • 7 Years Remaining, Absolute NNN Lease with Zero Landlord Responsibilities
  • Strong Unit-Level Sales with Year-Over-Year Growth
  • Corporate Guaranty (NYSE: WBA) by Fortune 500 Company, 12,500+ Locations with $147.7 Billion in Revenue
  • Additional Billboard Income Guaranteed by Lamar (NASDAQ: LAMR), Largest Billboard Advertising Company in the U.S.
  • Serving Over 235,000 Residents in Densley Populated Trade Area
  • Strong Average Household Incomes Exceed $93,000 in 1 Mile and $114,000 in 3 Miles
  • Adjacent to 77-Acre Medical Campus and Hospital, the 4th Largest Hospital in Central Ohio with 1,700 Employees
  • In the Heart of Regional Retail Hub with Target, Menards, Meijer, Kroger, Giant Eagle, Aldi, Lowe's, Hobby Lobby, Ross, TJ Maxx and Many More

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Drug Store

Walgreens | Adjacent to 77-Acre Regional Medical Campus & Hospital

Listing Price: $5,410,000

Cap Rate
8.00%
Tenant Name
Walgreens
Years Remaining On Lease
7.1
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Absolute Net
Rent Per Square Feet
$29.21

Investment Highlights

  • 7 Years Remaining, Absolute NNN Lease with Zero Landlord Responsibilities
  • Strong Unit-Level Sales with Year-Over-Year Growth
  • Corporate Guaranty (NYSE: WBA) by Fortune 500 Company, 12,500+ Locations with $147.7 Billion in Revenue
  • Additional Billboard Income Guaranteed by Lamar (NASDAQ: LAMR), Largest Billboard Advertising Company in the U.S.
  • Serving Over 235,000 Residents in Densley Populated Trade Area
  • Strong Average Household Incomes Exceed $93,000 in 1 Mile and $114,000 in 3 Miles
  • Adjacent to 77-Acre Medical Campus and Hospital, the 4th Largest Hospital in Central Ohio with 1,700 Employees
  • In the Heart of Regional Retail Hub with Target, Menards, Meijer, Kroger, Giant Eagle, Aldi, Lowe's, Hobby Lobby, Ross, TJ Maxx and Many More

Investment Overview

Marcus & Millichap is pleased to present the Walgreens in Columbus, Ohio.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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