Close Proximity to 234 Bed Hospital & Uni 1140 N Limestone St 13,991 SF Retail Building Springfield, OH 45503 $4,746,128 CAD ($339.23 CAD/SF) 10.29% Cap Rate

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 four (4) 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.