403 S Main St - Drug Store FOR SALE


Bryan, OH 43506
$3,499,999 USD
619-297-0055
403 S Main St, Bryan, OH for Sale
$3,499,999 USD
Drug Store - FOR SALE
1/3
null | 10% Cap Rate

403 S Main St
Bryan, OH 43506


HIGHLIGHTS

  • The city operates 2 industrial parks (168 acres. Approximately 2.1 million sf of manufacturing/industrial space in a 2 mile radius.
  • Spangler Candy Company (±500 Employees) and Bard Manufacturing (±200 Employees) have both called Bryan home since the 1900s.
  • Walgreens firm lease term runs through July 31, 2032 before their first cancellation option (NNN lease).
  • This is the only Walgreens serving the city of Bryan with the next nearest Walgreens property being approximately 15 miles away.

OVERVIEW

We are pleased to offer for sale the Walgreens property located at 403 South Main Street, Bryan, OH 43506 (the “Property”). The lease is structured as an absolute triple-net (NNN) with no landlord responsibilities and Walgreens first option to cancel the lease is July 31, 2032. The Property is situated near West High Street, a primary commercial corridor in Bryan with direct access to U.S. Route 6 and proximity to the city’s industrial zones. Bryan operates two industrial parks totaling 168 acres, and there is approximately 2.1 million square feet of manufacturing and industrial space within a two-mile radius of the Property. This concentration of industrial activity supports consistent daytime traffic and a stable employment base. Bryan is home to the headquarters of Spangler Candy Company and Bard Manufacturing, both of which have operated in the city since the early 1900s. Spangler employs approximately 500 people and is known nationally for its Dum Dums and candy canes, while Bard employs around 200 and specializes in HVAC systems for commercial and institutional use. These companies contribute significantly to the local economy and reinforce the city’s industrial identity. Listed in conjunction with Brian Brockman, Bang Realty Inc, 513-898-1551, wg@bangrealty.com, OH DRE Lic. BRK.2009000214.

FOR SALE DETAILS

PRICE

$3,499,999 USD

PRICE/SF

$236 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Industrial Hub | ±7 Years Remaining

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

-

APN/PARCEL ID

063-200-07-002.000

ASK ABOUT THIS PROPERTY

Jason PongsrikulPharma Property Group- Drugstore SpecialistsMore Info
619-297-0055

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Jason PongsrikulPharma Property Group- Drugstore SpecialistsMore Info
619-297-0055

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