The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present an exceptional investment opportunity: Walgreens, located in Aurora, Indiana. This 15,212-square-foot building is strategically positioned on 3.07 acres of prime land in Dearborn County, just 39 minutes from the Cincinnati/Northern Kentucky International Airport. The property boasts an excellent location near the signalized intersection of Sunnyside Avenue and Green Blvd (US-50 Hwy), with significant daily traffic exposure of over73,000 Cars Per Day.
This particular location enhances its offerings with a FedEx drop-off service, a full-service pharmacy with drive-thru, and one-hour photo services, providing additional customer value and aiding in consistent foot traffic. Also, it is important to note that in the western half of a 40-Mile radius there is no internal Walgreens competition and this particular site serves a community that needs this Walgreens. (see Placer.ai map).
The property benefits from a strong and growing demographic base, with nearly 65,000 residents within a 10-mile radius and an impressive average household income of $101,042. The area has experienced steady population and income growth over the past five years, further enhancing the site's investment potential. Coupled with an –absolute net lease structure that eliminates landlord responsibilities, this property offers a truly passive income opportunity for investors seeking stability and long-term returns.