Walgreens | 6201 E Broad St
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Walgreens 6201 E Broad St
14,820 SF Retail Building Columbus, OH 43213 $5,930,000 ($400/SF) 7.30% Cap Rate
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.
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
$5,930,000
Price Per SF
$400
Cap Rate
7.30%
NOI
$432,820
Tenancy
Single
Building Height
1 Story
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
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $485,625 | |
| Land Assessment | $613,025 | Total Assessment | $1,098,650 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$613,025
Improvements Assessment
$485,625
Total Assessment
$1,098,650
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Walgreens | 6201 E Broad St
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