Walgreens E Broad

6201 E Broad Street anchors the corner of E. Broad and McNaughten Road just East of Mt Carmel Hospital Campus. This is a high traffic location that enters Reynoldsburg and the multiple neighborhoods of East Columbus. Just east of I-270, this commercial corridor provides unmatched proximity for Walgreens and convenient ingress/egress for daily commuters and neighborhood shoppers. 410 feet of frontage on E Broad Street and 511 feet on McNaughten Road. The property is surrounded by established residential and retail with even more new units being built across the street. The trade area of more than 235,000 residents with attractive average household incomes exceeding $93,000 within one mile and $114,000 within three miles. Located within the Columbus MSA and Minutes from downtown or the Airport. One of the fastest-growing metros in the Midwest and this store benefits from continued population growth, stable employment drivers, and strong healthcare demand.Walgreens at 6201 E. Broad Street presents an opportunity to acquire a single-tenant, NNN investment in Columbus, Ohio. Offered at $6,050,000, the investment provides a 7.01% going-in cap rate. Walgreens is responsible for a broad range of property-level obligations, including real estate taxes, utilities, building repair and maintenance, parking and common-area maintenance, drive-through maintenance, drainage and detention facilities, insurance, and certain declaration-related access and lighting obligations, all subject to the lease documents. Single-tenant, corporate-guaranteed Walgreens on an absolute NNN lease at a high-visibility, signalized hard corner along East Broad Street in the growing Columbus MSA. The 14,820 SF 2007 prototype on 1.80 acres serves a dense, affluent trade area of more than 235,000 residents and benefits from strong sales.