Dark Walgreens | 8+ Yrs | Signalized Corner

14,761 SF | Retail Building | Oxford, OH 45056 | $3,790,000 ($257/SF) | 10% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,790,000

Property Type
Retail
Square Feet
14,761 SF
Price / Square Foot
$257

Listing Contacts

Aron Cline
Aron Cline
Verified Profile
Calvin Short
Calvin Short
Verified Profile
Matt Coates
Matt Coates
Verified Profile
Gary Chou
Gary Chou
Verified Profile
Scott Reid
Scott Reid
Verified Profile
  • Property Info

Property Overview

• Long-term, passive investment | ±8 years of guaranteed term remaining on the absolute NNN lease
• Signalized, hard-corner location with a drive-thru
• About half-a-mile from:
– Miami University | 17,000+ students | Top 50 National Public University | Top 50 Undergraduate Business Program | Top 20 Engineering Program
– McCullough-Hyde Memorial Hospital | 45-bed, short term acute care hospital
• Sales increased 9%+ year-over-year | See Agent for details
• A few blocks from a new development project name the “Caroline Harrison Building” | A 3-story, 22-unit apartment complex with four
retail tenants on the bottom floor
• About 1 mile from the Miami University sports fields | Yager Stadium (football), Millet Hall (basketball), Goggin Ice Center (Ice Hockey),
Dauch Indoor Sports Center, and the Recreational Sports Center
• About 1.5 miles from Talawanda High School | ±1,000 students
• Located along the main retail corridor of the city | Surrounding tenants include Kroger, TJ Maxx, McDonald’s, Fifth Third Bank, First Financial Bank, Arby’s, Taco Bell, U.S. Bank, Dollar Tree, Dunkin’, Domino’s, Papa Johns, Little Caesars, among others
• Over 27,000 residents with an average household income exceeding $67,500 within a 10-minute drive

Property Details

Class
B
Year Built
2007
Stories
1
Property Subtype
Drug Store, Grocery/Convenience Store, Freestanding
Lot Size (sq. ft)
60,548 SF

Highlights

  • Long-term, passive investment | ±8 years of guaranteed term remaining on the absolute NNN lease
  • Signalized, hard-corner location with a drive-thru
  • About half-a-mile from Miami University | 17,000+ students | Top 50 National Public University | Top 50 Undergraduate Business Program
  • A few blocks from a new development project name the “Caroline Harrison Building” | A 3-story, 22-unit apartment complex with four retail tenants
  • About 1.5 miles from Talawanda High School | ±1,000 students
  • Located along the main retail corridor of the city

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