Walgreens 6201 E Broad St 14,820 SF Retail Building Columbus, OH 43213 £4,077,950 (£275.17/SF) 8% Net Initial Yield
INVESTMENT HIGHLIGHTS
- 7 Years Remaining, Absolute NNN Lease with Zero Landlord Responsibilities
- Corporate Guaranty (NYSE: WBA) by Fortune 500 Company, 12,500+ Locations with $147.7 Billion in Revenue
- Serving Over 235,000 Residents in Densley Populated Trade Area
- Strong Unit-Level Sales with Year-Over-Year Growth
- Additional Billboard Income Guaranteed by Lamar (NASDAQ: LAMR), Largest Billboard Advertising Company in the U.S.
- Strong Average Household Incomes Exceed $93,000 in 1 Mile and $114,000 in 3 Miles
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
£4,077,950
Price Per SF
£275.17
Net Initial Yield
8%
NOI
£326,251
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Lot Size
1.80 AC
Zoning
LC2 - Limited Commercial District
Parking
120 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalised Junction
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £366,058 | |
| Land Assessment | £459,610 | Total Assessment | £825,668 |
