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Walgreens 6201 E Broad St

14,820 SF Retail Building Columbus, OH 43213 £4,639,929 (£313/SF) 7.30% Net Initial Yield

Investment Highlights

  • Assumable financing with favorable terms (3.82% interest rate) available
  • High performing location with strong sales
  • Down the street (0.5 miles) from Mount Carmel East Hospital (419 beds)
  • Absolute NNN lease with zero landlord responsibilities
  • Signalized corner location with high visibility and traffic counts (53,650 vpd)

Executive Summary

Kidder Mathews is pleased to offer the rare opportunity to acquire this investment opportunity. This property is 100% leased by Walgreens
Pharmacy and Lamar Companies ("Tenant") at 6201 E Broad St, Columbus, OH 43213 ("Property"). This opportunity consists of a
freestanding single-tenant property leased to Walgreens Co and Lamar Companies in Columbus, Ohio. All property maintenance is
tenant’s responsibility. The property is on a signalized corner location with high visibility near large interstate highways.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2007
Price
£4,639,929
Price Per SF
£313
Net Initial Yield
7.30%
NOI
£338,660
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Land Acres
1.80 AC
Zoning
LC2 - Limited Commercial District
Parking
120 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
410 ft on E Broad St

Amenities

  • Pylon Sign
  • Signage
  • Signalised Intersection
  • Drive Thru

Nearby Major Retailers

Buffalo Wings And Rings
Starbucks
Waffle House
Tim Hortons
Bank of America
Hot Head Burritos
Sunny Street Cafe
Esporta Fitness
Jazzercise
Five Guys

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 010-015883
  • 010-008898
Land Assessment
£479,661
Improvements Assessment
£379,977
Total Assessment
£859,639
  • Listing ID: 31221848

  • Date on Market: 14/03/2024

  • Last Updated:

  • Address: 6201 E Broad St, Columbus, OH 43213

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