- Within a 5-mile radius, the population is ±365,021 residents within ±154,024 households.
- Ohio State University is located about 3 miles from the Property and enrolls ±60,000 students.
- The Property sits two blocks from Northern Lights shopping center, a 360,471 square foot mall.
- CVS is located directly across the street making this a strategic location for both CVS and Walgreens. CVS has closed its retail portion of the store and only the pharmacy remains open.
- Nationwide and JP Morgan Chase employs over 35,000 employees in the Columbus market, with Intel recently announcing a $20 billion local investment in manufacturing, creating over 10,000 new jobs.
- Columbus, Ohio is the 7th largest economy in the United States, and Ohio has 0% state corporate income or profits tax.
Walgreens for Sale properties
- Within a 10-mile radius there is ±61.8M square feet of industrial space including distribution and manufacturing for companies such as Amazon, Starbucks, DHL, FedEx, and Post.
- Property is located across the corner from CVS making this a strategic location for both Walgreens and CVS.
- Interstate 83 is blocks from the Property with a traffic count of ±79,000 vehicles per day.
- Within a 3-mile radius, the average household income is $81,069 and the population is 153,292 residents in a 5-mile radius.
- Located 2 miles northwest is WellSpan York Hospital, a teaching hospital with 593 beds and over 5,000 medical staff and employees.
- Two blocks south is York County School of Technology with ±1,700 students and ±120 staff.
- Within a 2-mile radius there are 8 senior housing facilities totaling approximately ±388,898 square feet.
- Infill Houston MSA demographics with ±500,000 people in ±189,000 residences with an average HH income of $80,0134 in a 5-mile radius.
- Directly across the corner from an emergency room connected to the HCA Houston Hospital System.
- Highly visible and trafficked signalized corner with a combined traffic count of ±74,416 vehicles per day.
- There are ±37 multi-housing complexes with over 11,500 units and 15 hotels with over 1,200 rooms all within a 1-mile radius.
- The lease operates on an absolute net leased basis and there are no landlord responsibilities whatsoever.
- Located within Westchase Business District which is home to large corporations such as Honeywell, Chevron, Dow Chemical and Phillips 66 with ±16M square feet of office space within a 4-mile radius.
- Lease allows for 5% rental increases every five years through 2049 with the next rental increase in May 2025.
- Beaumont Hospital is located just one block south of subject property with 148 beds and 1,094 employees.
- Over 16 million square feet of industrial space within a 3-mile radius and 2.3 million square feet of retail space within a 2-mile radius.
- Infill Detroit Metro demographics with Over 244,000 residents within 97,686 households in a 5-mile radius with an average household income of $71,255.
- Located just south of I-94 (155,000 VPD) on the corner of Telegraph Road and Wick Road with a combined traffic count of 66,422 vehicles per day.
- Approximately 4 miles east of Detroit Metropolitan Airport with 36.7 million annual passengers and over 1,100 flights daily.
- Just 8 miles southwest of Ford's 16M square foot world headquarter campus.
- Within a 3-mile radius, the average household income is $107,055 and the population is 203,469 residents in a 5-mile radius.
- Just 8 miles southwest of Downtown Pittsburgh, a metropolitan area with a population of over 2.5 million residents.
- Property sits adjacent to Raceway Plaza South anchored by Walmart and Lowe's and within 4.9 million square feet of retail space in a 3-mile radius.
- Located 2 miles southeast is St. Clair Hospital with 329 beds and 3,100 medical staff and employees and part of Mayo Clinic Care network.
- Concordia of the South Hills is an assisted living facility with 126 independent living units, 104 assisted living beds and 12 memory care beds located about 2 miles southwest of the property.
- Within a 3-mile radius, the average household income is $125,775 and the population is 112,336 residents in a 5-mile radius.
- Just 11 miles northwest of Downtown Pittsburgh, a metropolitan area with a population of over 2.5 million residents.
- Subject property sits adjacent to Pine Creek Shopping center anchored by Target and 4.3 million square feet of retail space in a 3-mile radius.
- UPMC Passavant-McCandles Hospital with ±400 beds and ±400 physicians is 2 miles southeast.
- Directly across from a 182-bed senior rehabilitation facility and within 3 miles of 13 other senior housing/nursing facilities.
- Walgreens is guaranteeing approximately $327,375 of income over the remainder of their lease term.
- Walgreens had been reporting strong sales volumes at this location of over $7M annually. The retailer moved to a smaller store format as an outparcel to the adjacent center showing commitment to this retail corridor.
- DRB Homes has recently constructed 350 new homes to meet growing demand.
- Directly on US Highway 1 which is the main thoroughfare connecting Franklinton to Raleigh.
- Franklin County's population grew by 13% in the last 10 years.
- Only 7,000+ square foot owner/user redevelopment opportunity within 35 mile radius.
- Located at merge of freeways I-69 and I-2. Both interstates have a combined traffic count of over 150,000 vehicles per day.
- Surrounded by national retail tenants, ±3.2 million square feet of retail space within 1 mile radius including Valley Vista Mall (651,000 SF) and Bass Pro Shop (150,000 SF).
- Strong cross-border economy with the Free Trade Bridge 13 miles away, a full US Customs facility accommodating 75 commercial trucks simultaneously.
- Walgreens extended this lease by 10 years in March of 2024 showing commitment to this location.
- This is an absolute net lease with no landlord responsibilities whatsoever.
- Walgreens is reporting exceptional sales volumes at this location.
- The lease allows for 5% rental increases at each of the options.
- Within a 5-mile radius, the household income is $117,632 with a population of 128,470 residents.
- More than 1 million square feet of medical space in a 5-mile radius including WakeMed Hospital (61 beds) located 3.6 miles southwest and UNC Rex Healthcare Surgery Center (outpatient) just 1.3 miles northeast.
- Over 2,000 apartment units within a 1-mile radius including two blocks from an independent senior living complex with 121 units.
- Walgreens extended this lease by 10 years in March of 2024 showing commitment to this location.
- This is an absolute net lease with no landlord responsibilities whatsoever.
- The lease allows for 5% rental increases at each of the options.
- Walgreens is reporting exceptional sales volumes at this location with a rent-to-sales ratio of 2.14%.
- Only freestanding national brand drugstore within a 10-mile radius. Nearest Walgreens is 10.5 miles southwest and nearest CVS is 12.5 miles southwest.
