520 Broadway Ave - Drug Store FOR SALE


Bedford, OH 44146
$3,406,000 USD
248-702-0288
520 Broadway Ave, Bedford, OH for Sale
$3,406,000 USD
Drug Store - FOR SALE
1/6
null | 7.4% Cap Rate

520 Broadway Ave
Bedford, OH 44146


HIGHLIGHTS

  • Absolute NNN lease with zero landlord responsibilities
  • Average return over the next nine years of 7.81%
  • Walgreens early extension demonstrates long-term commitment to this location
  • Within 0.4 miles of University Hospitals Bedford Campus (197,757 SF)
  • University Hospitals ranks as the 3rd-largest hospital system in Ohio with annual revenue exceeding $6.64 billion
  • High-performing Walgreens location – inquire with broker for details

OVERVIEW

Absolute NNN lease with zero landlord responsibilities

FOR SALE DETAILS

PRICE

$3,406,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

7.4%

% 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

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

B-2A

APN/PARCEL ID

812-05-021

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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