5045 N Main St - Drug Store FOR SALE


Dayton, OH 45415- Northwest
$1,870,000 USD
440-915-7902
5045 N Main St, Dayton, OH for Sale
$1,870,000 USD
Drug Store - FOR SALE
1/3
null | 6.1% Cap Rate

5045 N Main St
Dayton, OH 45415
Northwest


HIGHLIGHTS

  • New Walgreens Pharmacy Small-Format Prototype Store: Personalized Pharmacy Care Geared Towards Health and Wellness and Over-the-Counter Medications
  • Handpicked Relocation Site in Proven Market! - Long-Term, NNN Lease with 8.5 Years of Term Remaining, Ideally Located on Oversized 1.62 Acre Lot
  • CorporatelyBacked, Single-Tenant Pharmacy Location with High-Profile, Publicly-Traded Walgreens (NASDAQ: WBA/S&P “BBB-”/Moody’s “Baa2”)
  • Low Price Point Deal Compared to a Traditional Walgreens, Ideal for 1031 Buyers
  • Near Hard Corner Location of Main Street and Turner/Shoup Mill Road with Over 42,000 Vehicles Per Day Surrounding the Property
  • Surrounded by Established Residential Neighborhoods and 4 Schools Offering Ideal Demographics: 148,000+ People

OVERVIEW

Handpicked Relocation Site in Proven Market Minimal Management Responsibilities: Tenant Responsible for All Daily Management, While Landlord is Only Responsible for Roof/Structure (15-Year Transferrable Warranty) on Newly Built 2023 Store with Highly Visible Monument Signage with Excellent Frontage Significant Healthcare Industry in Dayton Economy: Hospital Systems Combined Employment of Nearly 32,000 and Yearly Economic Impact of Over $6.8 Billion - Miami Valley Hospital (Part of Premier Health, 5 Miles), Dayton Children’s Hospital (5 Miles) Employs Approximately 3,900 People, Kettering Medical Center/Kettering Health Network (10 Miles) Offers 8 Area Hospitals and Over 120 Outpatient Facilities Serving Southwest Ohio Attraction/Destination Location for Major Draw of Visitors and Tourists: Hollywood Gaming at Dayton Raceway (4 miles) Attracts Over 1 Million Annual Visitors, Along with the Wright Brothers, the Dayton Aviation Heritage National Historical Park, and the National Museum of the U.S. Air Force, the World’s Largest and Oldest Military Aviation Museum and the State’s Most-Visited Free Tourist Attraction

FOR SALE DETAILS

PRICE

$1,870,000 USD

PRICE/SF

$495 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreen's Small Format RELO|On Oversized Lot

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C

APN/PARCEL ID

E20-01008-0191

ASK ABOUT THIS PROPERTY

Daniel CooperCooper Commercial Investment GroupMore Info
440-915-7902

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Daniel CooperCooper Commercial Investment GroupMore Info
440-915-7902

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.