Absolute NNN lease featuring no landlord obligations and rare scheduled rent increases throughout the primary term and all renewal options, providing built-in income growth.
Leased to CVS Health Corporation (NYSE: CVS), one of the nation's largest healthcare companies, providing durable cash flow backed by investment-grade corporate credit.
CVS has successfully operated at this location for more than two decades, demonstrating a long-term commitment to the site and surrounding trade area.
Columbus is anchored by The Ohio State University, more than a dozen colleges and universities, and a diverse employer base that includes Nationwide, Cardinal Health, Huntington Bancshares, JPMorgan Chase, American Electric Power, and numerous other Fortune 500 companies.
Located on a signalized hard corner within an established retail corridor serving more than 225,000 residents with average household incomes exceeding $94,000 within a five-mile radius.
Offered at an attractive basis relative to replacement cost, providing strong in-place yield today while preserving future upside through lease extension, repositioning, or redevelopment.