Drug Store
Walgreens Sublet to Dollar Tree
3084 Galbraith Rd, Cincinnati, OH 45239
Listing Price: $5,178,947
Investment Overview
Built exclusively for Walgreens in 2002, this asset offers a 25 year NNN lease with 5+ years remaining on the base term. In 2021, Walgreens sublet the site to Dollar Tree. Walgreens remains responsible for the term of the lease. It is a true NNN lease (no landlord obligations), and the site is an oversized lot offering several points of ingress/egress, for ease in access and ease in any future development opportunities. The site has a drive thru. Located in the heart of the suburbs retail hub, surrounded by other national retailers such as a WalMart SuperCenter located just to the north, McDonald’s, CVS, AutoZone, Staples, Wendy’s, and Pepboys. The Dollar Tree continues to be an essential retailer.
Walgreens Sublet to Dollar Tree
Investment Highlights
- Multiple ingress/egress points from multiple streets
- True NNN lease with no landlord obligations
- Strategically located near the areas' Urgent Dental Care Center and Mercy Health Medical Center and Hospital Campus
- Impressive visibility, with over 64,561 VPD pass in front of or near the site daily
- Attractive oversized lot favors future development opportunities
- Densely populated suburb - over 184,746 residents within 5-miles from site
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
Listing Price: $5,178,947
Investment Highlights
- Multiple ingress/egress points from multiple streets
- True NNN lease with no landlord obligations
- Strategically located near the areas' Urgent Dental Care Center and Mercy Health Medical Center and Hospital Campus
- Impressive visibility, with over 64,561 VPD pass in front of or near the site daily
- Attractive oversized lot favors future development opportunities
- Densely populated suburb - over 184,746 residents within 5-miles from site
Investment Overview
Built exclusively for Walgreens in 2002, this asset offers a 25 year NNN lease with 5+ years remaining on the base term. In 2021, Walgreens sublet the site to Dollar Tree. Walgreens remains responsible for the term of the lease. It is a true NNN lease (no landlord obligations), and the site is an oversized lot offering several points of ingress/egress, for ease in access and ease in any future development opportunities. The site has a drive thru. Located in the heart of the suburbs retail hub, surrounded by other national retailers such as a WalMart SuperCenter located just to the north, McDonald’s, CVS, AutoZone, Staples, Wendy’s, and Pepboys. The Dollar Tree continues to be an essential retailer.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
