We are pleased to offer for sale the Walgreens property located at 1140?N Limestone St, Springfield, OH 45503 (the “Property”). Walgreens operates under an absolute net lease with approximately ±3.5 years remaining in the current term. The lease includes ten (5-year) renewal options.
The Property is situated at the intersection of North Limestone Street (State Route 72) and East McCreight Avenue, a high-visibility corridor that connects directly to Interstate 70, offering strategic positioning within Springfield’s main commercial and medical district. Limestone Street functions as a primary north-south arterial.
The surrounding area includes a mix of healthcare, education, and residential density. Notably, the property is 0.5 miles from Mercy Health – Springfield Regional Medical Center, a 234-bed full-service hospital, and Springfield Nursing and Assisted Living, located just across McCreight Avenue. Wittenberg University, with 1,254 students and nearly 200 faculty/staff, and Springfield High School (1,602 students; 110 teachers) are both within a two-mile radius, contributing to a consistent daytime population and demand.
Further enhancing the area’s growth, work recently began on Fountain Village, a 16-acre residential development just blocks from the Property. Once complete, the community will offer 54 single-family homes alongside 109 townhomes.
Listed in conjunction with Brian Brockman, Bang Realty Inc, 513-898-1551, wg@bangrealty.com, OH DRE Lic. BRK.2009000214.