Walgreens | 385 Northland Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Walgreens 385 Northland Blvd
14,747 SF Retail Building Springdale, OH 45240 $6,694,994 CAD ($454 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Walgreens signed a new 15 year lease in 2023
- Positioned at the signalized intersection of Northland Blvd and Springfield Pike, seeing more than 32,000 VPD.
- Neighboring retailers include, Aldi, Jersey Mikes, PNC Bank, Five Below, Lowes, etc.
- Lease offers 5% increases throughout the base term and option period providing a strong hedge against inflation.
- Located in a dense market with a population of over 157,000 within a 5-mile radius.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,747 SF
Building Class
C
Year Built
1991
Price
$6,694,994 CAD
Price Per SF
$454 CAD
Cap Rate
6.25%
NOI
$418,437 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.57 AC
Zoning
LRB, Springdale
Parking
55 Spaces (3.73 Spaces per 1,000 SF Leased)
Frontage
237 ft on Northland Blvd
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 599-0042-0147 | Improvements Assessment | $580,961 CAD |
| Land Assessment | $332,142 CAD | Total Assessment | $913,103 CAD |
PROPERTY TAXES
Parcel Number
599-0042-0147
Land Assessment
$332,142 CAD
Improvements Assessment
$580,961 CAD
Total Assessment
$913,103 CAD
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Walgreens | 385 Northland Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.