- Absolute NNN lease with no landlord responsibilities whatsoever.
- Just 4 miles north of Ohio State University with over 66,000 students and 29,000 employees.
- Riverside Methodist Hospital is about 3 miles south and has 1,059 beds and 5,800 employees.
- Approximately 366,154 residents within a 5-mile radius.
Pharma Property Group is pleased to exclusively market for sale a single tenant Walgreens property located in Columbus, Ohio. Walgreens has been operating at this location for 19+ years. The lease is true absolute NNN with no landlord responsibilities whatsoever with approximately 5 years and eleven months remaining with 10 (5-year) options to extend.
The property is located along US Route 23 (High Street), which runs from Jacksonville, Florida North to Mackinaw City, Michigan near the border with Canada. In Ohio, the highway is a major North-South arterial and runs directly south from subject property to Ohio State University and Downtown Columbus. This Walgreens is the only store serving the area bound by I-270 to the north, Highway 315 to the east and I-71 west. This makes it the most accessible and convenient location to the approximately 120,000 residents living in the Sharon Heights, Clintonville and Worthington neighborhoods. There is a strong national retail presence in the immediate surrounding area with national tenants including Kroger, Petco, Michaels, Ulta Beauty and Target.