4580 Monroe St - Drug Store FOR SALE


Toledo, OH 43613- DeVeaux
$5,778,300 USD
561-227-8404
4580 Monroe St, Toledo, OH for Sale
$5,778,300 USD
Drug Store - FOR SALE
1/14
null | 7.75% Cap Rate

4580 Monroe St
Toledo, OH 43613
DeVeaux


HIGHLIGHTS

  • ABSOLUTE NNN LEASE
  • INVESTMENT GRADE TENANT
  • HARD CORNER LOCATION

OVERVIEW

TD Commercial Group is pleased to exclusively represent for sale the Walgreens in Toledo, OH. The subject property is situated on a highly visible 1.6 AC corner lot with over 60,000 VPD at the signalized 4-way intersection. The area is a strategic location for Walgreens with an abundance of hospitals and private practices in the immediate vicinity, providing a consistent consumer base. Walgreens has operated at the location for over 20 years, performs above the national average and has roughly 3 years remaining on their Absolute NNN lease with 5, 10-year options

FOR SALE DETAILS

PRICE

$5,778,300 USD

PRICE/SF

$440 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

CROSS STREETS

Secor rd

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

10-CR

APN/PARCEL ID

22-37501,22-37504,22-37507,22-37511,22-37567,22-37571,22-37574,22-37577,22-37581

ASK ABOUT THIS PROPERTY

Josh SymonetteTD Commercial GroupMore Info
561-227-8404

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

Josh SymonetteTD Commercial GroupMore Info
561-227-8404

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