1001 W State St - Drug Store FOR SALE


Trenton, OH 45067
$3,866,667 USD
561-789-5504
1001 W State St, Trenton, OH for Sale
$3,866,667 USD
Drug Store - FOR SALE
1/5
null | 7.5% Cap Rate

1001 W State St
Trenton, OH 45067


HIGHLIGHTS

  • Lease calls for 5% rental increases every 5 years throughout the base term providing a hedge against inflation.
  • Positioned on the corner of West State St. and Wayne Madison Rd. with a curb cut, which averages 15,000 VPD.
  • Long term Absolute NNN Lease with Zero Landlord responsibilities.
  • Average household income within 3 mile is $95,000.
  • Walgreens is next to a middle school as well as several other national retail tenants such as Taco Bell, McDonalds, and a Dollar General.

OVERVIEW

LONG TERM COMMITMENT: Walgreens executed a brand new 12 Year lease in 2025

FOR SALE DETAILS

PRICE

$3,866,667 USD

PRICE/SF

$262 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2.22 AC

LAND SF

96,703 SF

ZONING

Commercial

APN/PARCEL ID

R8100-062-000-003

ASK ABOUT THIS PROPERTY

Jordan KoeppelStream Capital PartnersMore Info
561-789-5504

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Jordan KoeppelStream Capital PartnersMore Info
561-789-5504

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.