Walgreens Investment Property For Sale

Walgreens 1

Investment Property: 

  • 5+ Years Remaining on the Lease
  • Price: $2,300,000
  • Cap Rate: 7.25%

Property Description:

  • Tenant occupied since 1998.  Recently committed to a new 5 year term 
  • Multiple 5-year renewals available at option of tenant
  • Hard corner location at signalized intersection of Reading Road and Western Row Road
  • Drive-Thru equipped 
  • Triple Net Lease with limited landlord responsibilities 
  • Lot Size 2.25 acres (Includes .85 acres ground lease which purchaser shall assume) 
  • Population within 5-mile radius exceeds 146,000, median income of $85,000
  • Property surrounded by National and Local Tenants such as: Skyline Chili, LaRosa’s Pizza, Dollar General Market, 
  • Close proximity to I-71, I-75 and I-275 and Mason Montgomery Road
  • Address: 1086 Reading Road Mason, OH 45040 
  • County: Warren 
  • Category: Retail 
  • Property Type: Investment Retail Property  
  • CAP Rate: 7.25% 
  • Zoning: B-3, Road Service District 
  • Available : 13,821 SF 
  • Total Acres: 2.25 Acres (w/Rw) includes Ground lease.85 acres (w/Rw) 
  • Sale Price: $2,300,000 
Image of Real Estate Agent #7
  • Tom Cloud
Title:
Commercial Sales Associate
Email:
tcloud@hsabh.com
Phone Number:
513-932-6010
Cell Phone:
cell 513-535-4736
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All information furnished is from sources deemed reliable and is subject to errors, omissions and changes prior to sale as withdrawal without notice.