Eaton, OH

• Only Walgreens in a 12-mile radius serving the entire Eaton market.
• Kettering Medical Center is the only 24-hour emergency medical center in Preble County, Ohio.
• In 2023, Neaton Auto Parts and Henny Penny pledged over $29 million in expansions, bringing over 330,000 square feet of R&D and warehouse space to the Eaton market.
• 1.4 million square feet of retail in the immediate 1-mile radius anchored by Walmart Supercenter.
• Kroger announced plans in August 2023 to build a 72,000-square foot store that will employ 100 workers.
• Walgreens has a 16+ year operating history at this location.

We are pleased to market for sale the Walgreens property located at 1213 Barron Street in Eaton, Ohio ("The Property"). Walgreens has been successfully operating at this location for 16 years and has over 9 years of firm term remaining before the option periods on an absolute net lease with no landlord obligations whatsoever. Eaton's strategic proximity to US-Route 35, US-Route 127 and Interstate 70 positions it as a gateway to the surrounding markets of Cincinnati, Dayton, and Indianapolis.

This Property offers investors an opportunity to purchase an asset at a healthy return in a growing economic trade area. In August 2023, Kroger announced a new 72,000 square foot development within a half-mile from the Property and multiple major employers pledged over $29 million in expansions in the Eaton market.

Significant developments include Neaton Auto Products Manufacturing Inc., 2 miles South of the Property, adding over 150,000 square feet of warehouse/manufacturing space. Henny Penny, the 66-year-old food equipment business located 2 miles West of the property, has completed 180,000 Square feet of expansions in the last 3 years to adapt to its growing clientele and its 1,165 employees.

The Property stands out with its advantageous location in the local medical hub, benefiting from a lack of direct competition as the sole Walgreens store within a 12-mile radius. Notably, Kettering Health Preble, situated 1 mile north of the Property, serves as Preble County's first and only 24-hour emergency medical center.