Walgreens Reynoldsburg
is a long-term net leased
retail property
strategically located in
Reynoldsburg, Ohio

Transwestern (in conjunction with Edge Real Estate Group of Ohio) is pleased to offer for sale to qualified investors a long-term net leased retail property in Reynoldsburg (Columbus), Ohio. The property is 100% leased to Walgreen Co. (S&P: A/Stable) under a Twenty year NN primary lease term with an additional forty (40) years of option periods. The subject property is strategically located at the NE corner of East Main Street and Brice Road and shares the intersection with McDonalds, Kmart, Taco Bell and a Speedway Gas Station among other strong national tenants.

Investment Highlights

  • Asking Price: $5,047,000

  • Cap Rate: 8.5%

  • 100% Fee Simple Interest

  • Can be sold free and clear of debt

  • Building Size: +/- 15,120 SF

  • Lot Size: +/- 1.98 Acres

  • Reynoldsburg is located just 10 miles east of Columbus

  • Within 2.5 miles of Mount Carmel East Hospital