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Close Proximity to 234 Bed Hospital & Uni 1140 N Limestone St 13 991 pi² Commerce de détail Immeuble Springfield, OH 45503 4 746 128 $ CAD (339,23 $ CAD/pi²) 10,29% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- 0.5 miles from 234-bed Mercy Health Springfield Regional Medical Center.
- Fountain Village, a 16-acre housing development which includes 54 single-family homes, and 109 townhomes.
- Springfield employment grew 2.3% (Feb 2020–Mar 2024), led by major employers Mercy Health (4,060), Navistar (4,556), and Clark State College.
- Within 2 miles of Wittenberg University (1,254 students) and Springfield High School (1,602 students).
- Located at North Limestone St (±19K VPD) & (±12K VPD) McCreight Ave, a key N-S arterial with direct connectivity to I-70.
- Springfield GDP up 6.1% YoY with growth in healthcare, advanced manufacturing, and air mobility.
RÉSUMÉ DE L'ANNONCE
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.
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.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Pharmacie
Taille du bâtiment
13 991 pi²
Classe d’immeuble
B
Année de construction
2004
Prix
4 746 128 $ CAD
Prix par pi²
339,23 $ CAD
Taux de capitalisation
10,29%
Revenu net d’exploitation
488 377 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,21
Taille du lot
1,52 AC
Stationnement
52 places (3,72 places par 1 000 pi² loué)
Façade
COMMODITÉS
- Intersection avec signalisation
- Service au volant
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 34-00700-03520-1039 | Évaluation des bâtiments | 338 427 $ CAD |
| Évaluation du terrain | 130 881 $ CAD | Évaluation totale | 469 308 $ CAD |
Impôts fonciers
Numéro de lot
34-00700-03520-1039
Évaluation du terrain
130 881 $ CAD
Évaluation des bâtiments
338 427 $ CAD
Évaluation totale
469 308 $ CAD
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Close Proximity to 234 Bed Hospital & Uni | 1140 N Limestone St
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