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Walgreens

7804 Cincinnati Dayton Rd, West Chester Township, OH 45069

Listing Price: $3,461,500

Cap Rate
6.50%
Tenant Name
Walgreens
Years Remaining On Lease
3.9
Guarantor
Corporate Guarantee
Rentable SF
15,120
Lease Type
Double Net
Rent Per Square Feet
$14.88

Investment Overview

This Standard & Poor’s BBB rated, pandemic resistant, essential retailer offers a passive investor the opportunity to purchase a long standing lease that is seasoned in the community. Walgreens recently extended the lease through October 2025 and has eight more options available through 2060. Located right off Interstate 75, this property sits on the corner of the major intersection of Cincinnati-Dayton Rd and Tylersville Rd, is corner facing, and offers a convenient pharmacy drive-through. Good traffic counts support the region commercially. With good visibility from the road and a densely populated affluent bedroom community, and minimal national competition in the immediate area, it is not surprising that Walgreens extended their lease.

Investment Highlights

  • Seasoned in the community, this location recently exercised an option to extend
  • Located in an affluent Cincinnati suburb
  • Minimal national drug store chain competition in the immediate area
  • Strategically located in the Interstate 75 Corridor, just 20 miles from the metro's city center
  • Situated just 2 miles from the area's main hospital, UC Health West Chester
  • Investment Grade Credit Tenant (BBB by S&P)

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Listing Price: $3,461,500

Cap Rate
6.50%
Tenant Name
Walgreens
Years Remaining On Lease
3.9
Guarantor
Corporate Guarantee
Rentable SF
15,120
Lease Type
Double Net
Rent Per Square Feet
$14.88

Investment Highlights

  • Seasoned in the community, this location recently exercised an option to extend
  • Located in an affluent Cincinnati suburb
  • Minimal national drug store chain competition in the immediate area
  • Strategically located in the Interstate 75 Corridor, just 20 miles from the metro's city center
  • Situated just 2 miles from the area's main hospital, UC Health West Chester
  • Investment Grade Credit Tenant (BBB by S&P)

Investment Overview

This Standard & Poor’s BBB rated, pandemic resistant, essential retailer offers a passive investor the opportunity to purchase a long standing lease that is seasoned in the community. Walgreens recently extended the lease through October 2025 and has eight more options available through 2060. Located right off Interstate 75, this property sits on the corner of the major intersection of Cincinnati-Dayton Rd and Tylersville Rd, is corner facing, and offers a convenient pharmacy drive-through. Good traffic counts support the region commercially. With good visibility from the road and a densely populated affluent bedroom community, and minimal national competition in the immediate area, it is not surprising that Walgreens extended their lease.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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