385 Northland Blvd - Drug Store FOR SALE
Springdale, OH 45240 |
$4,723,200 USD
407-913-9009
385 Northland Blvd
Springdale, OH 45240
HIGHLIGHTS
- Walgreens signed a new 15 year lease in 2023
- Lease offers 5% increases throughout the base term and option period providing a strong hedge against inflation.
- Positioned at the signalized intersection of Northland Blvd and Springfield Pike, seeing more than 32,000 VPD.
- Located in a dense market with a population of over 157,000 within a 5-mile radius.
- Neighboring retailers include, Aldi, Jersey Mikes, PNC Bank, Five Below, Lowes, etc.
FOR SALE DETAILS
PRICE
$4,723,200 USD
PRICE/SF
$320 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
55
LAND DETAILS
LAND ACRES
2.57 AC
LAND SF
111,949 SF
ZONING
LRB, Springdale
APN/PARCEL ID
599-0042-0147
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
407-913-9009
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
407-913-9009
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
