Walgreens

3415 Clark Ave, Cleveland, OH 44109

  • For Sale $5,666,700
  • Property Type Retail - Freestanding
  • Property Size 14,820 SF
  • Lot Size 1.45 Acre
  • Date Updated Apr 16, 2024
Cleveland, officially the City of Cleveland, is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. Located in Northeast Ohio along the southern shore of Lake Erie, it is situated across the U.S. maritime border with Canada and lies approximately 60 miles (97 km) west of Pennsylvania. Cleveland ranks as the most populous city on Lake Erie, the second-most populous city in Ohio, and the 54th-most populous city in the U.S. with a 2020 population of 372,624. The city anchors the Cleveland metropolitan area, the 33rd-largest in the U.S. at 2.18 million residents, as well as the larger Cleveland–Akron–Canton combined statistical area, the most populous in Ohio and the 17th-largest in the country with a population of 3.63 million in 2020.The Kase Group is pleased to present the opportunity to purchase a well established Walgreens location in Cleveland, Ohio. The lease calls for zero landlord obligations and corporately guaranteed by Walgreens. Beyond the initial term, tenant has fifty (50) years of options with 12 month cancellation rights. This Walgreens is well positioned at the signalized intersection of Clark Ave and Fulton Rd with exposure to 9,307 vehicles per day and has excellent ingress & egress points. The site benefits from dense demographics in the area and nearby to the 490/90 interchange with direct access into Downtown Cleveland. Neighboring retailers include Dollar General, Little Caesers Pizza, Burger King, McDonald's, KFC, Family Dollar, Rally's & many more.

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Highlights

  • Absolute NNN Lease
  • Zero Landlord Obligations
  • Corporate Guarantee - NASDAQ:WBA
  • S&P Rated BBB- Investment Grade Credit
  • Hard Corner Location with Excellent Ingress & Egress Points
  • Dense Demographics - 128,997 Residents Within a 3-Mile Radius
  • 10 Minutes from Downtown Cleveland
  • Neighboring retailers include Dollar General, Little Caesers Pizza, Burger King, McDonald's, KFC, Family Dollar, Rally's & many more

Contacts

broker

Jacob Abusharkh

The Kase Group

(415) 269-2474

Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable
  • Transit Score ®

    43/100 Some Transit
  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City Cleveland, OH
  • Neighborhood Clark-Fulton
  • Zip Code 44109
  • Market Cleveland Akron

Points of Interest

  • West 25th–Ohio City

    1.11 miles

  • West 65th–Lorain (Eco-Village)

    1.22 miles

  • Settlers Landing

    1.90 miles

  • Tower City

    2.07 miles

  • Flats East Bank

    2.09 miles

  • Tri-C–Campus District

    2.44 miles

  • West 3rd

    2.44 miles

  • West Boulevard–Cudell

    2.49 miles

  • Cleveland

    2.56 miles

  • East 9th–North Coast

    2.66 miles

  • BP

    0.80 miles

  • Ohio City Gas

    0.83 miles

  • Sunoco

    0.84 miles

  • BP

    1.20 miles

  • Sunoco

    1.24 miles

  • Pearl Denison Shell

    1.30 miles

  • Sunoco

    1.38 miles

  • Hanini Petroleum

    1.49 miles

  • Sunoco

    1.74 miles

  • Express Gas

    1.84 miles

  • Toomey

    0.77 miles

  • View Garage

    0.81 miles

  • St. Ignatius Parking

    0.93 miles

  • West Side Market Parking

    1.15 miles

  • Merwin's Wharf Parking Lot

    1.44 miles

  • Collection Auto Group Centre

    2.12 miles

  • Ontario Street Parking Garage

    2.16 miles

  • Gateway East

    2.20 miles

  • 515 Garage

    2.32 miles

  • Fifth Third Center

    2.38 miles

  • Burger King

    0.06 miles

  • Rally's

    0.06 miles

  • Subway

    0.11 miles

  • Johnny's

    0.11 miles

  • McDonald's

    0.11 miles

  • KFC

    0.21 miles

  • Caribe Bake Shop

    0.22 miles

  • Michael's Family Restaurant

    0.26 miles

  • Popeyes

    0.28 miles

  • La Morenita

    0.36 miles

  • Save-A-Lot

    0.26 miles

  • Burlington

    0.87 miles

  • Walmart Supercenter

    0.93 miles

  • Dave's

    1.08 miles

  • Marshalls

    1.16 miles

  • Target

    1.22 miles

  • ALDI

    1.29 miles

  • Save-A-Lot

    1.49 miles

  • Dave's

    1.73 miles

  • Save-A-Lot

    2.05 miles

Frequently Asked Questions

What is the lease rate for Walgreens?

Rental asking rate at Walgreens is $2,833,350.00/YR.

What is the total square footage of Walgreens?

Walgreens totals 14,820 square feet.

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Contact Listing Broker

broker

Jacob Abusharkh

The Kase Group

(415) 269-2474