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Walgreens 385 Northland Blvd

14,747 SF Retail Building Springdale, OH 45240 £3,695,668 (£251/SF) 6.25% Net Initial Yield

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Investment Highlights

Walgreens signed a new 15 year lease in 2023
Positioned at the signalized intersection of Northland Blvd and Springfield Pike, seeing more than 32,000 VPD.
Neighboring retailers include, Aldi, Jersey Mikes, PNC Bank, Five Below, Lowes, etc.

Lease offers 5% increases throughout the base term and option period providing a strong hedge against inflation.
Located in a dense market with a population of over 157,000 within a 5-mile radius.