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Walgreens 520 Broadway Ave 14,500 SF Retail Building Bedford, OH 44146 $4,725,485 CAD ($325.90 CAD/SF) 7.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN lease with zero landlord responsibilities
- Walgreens early extension demonstrates long-term commitment to this location
- University Hospitals ranks as the 3rd-largest hospital system in Ohio with annual revenue exceeding $6.64 billion
- Average return over the next nine years of 7.81%
- Within 0.4 miles of University Hospitals Bedford Campus (197,757 SF)
- High-performing Walgreens location – inquire with broker for details
EXECUTIVE SUMMARY
Absolute NNN lease with zero landlord responsibilities
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,500 SF
Building Class
C
Year Built
2006
Price
$4,725,485 CAD
Price Per SF
$325.90 CAD
Cap Rate
7.40%
NOI
$349,542 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.57 AC
Zoning
B-2A - Automotive Business District
Frontage
334’ on Broadway Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 812-05-021 | Improvements Assessment | $538,474 CAD |
| Land Assessment | $527,456 CAD | Total Assessment | $1,065,930 CAD |
PROPERTY TAXES
Parcel Number
812-05-021
Land Assessment
$527,456 CAD
Improvements Assessment
$538,474 CAD
Total Assessment
$1,065,930 CAD
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Walgreens | 520 Broadway Ave
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