Walgreens

Canton | Ohio

Offering Summary

  • Status: just listed
  • Price: $2,735,000
  • Cap Rate: 8.75%
  • GLA: 13,905 SF
  • Net Operating Income: $239,252
  • Price/SF: $196.69
  • Year(s) Built: 1997
  • Lot Size (Acres): 2.75 Acres
  • Lease Type: Double Net
  • 13,905-Square-Foot Walgreens with 4.75 Years Remaining in Canton, Ohio (3.7M People in Cleveland/Akron/
    Canton MSA)
  • Strong Traff ic and High Visibility: Five Curb Cuts Along Three Major Roads with a Total of 37,512 Cars per Day
  • Large 2.75 Acre Parcel with .43 Acres of Unused Land
  • Located Nearby the Canton Memorial Civic Center and Canton Museum of Art
  • Huge 1-Mile Population: Dense Inf ill Neighborhood with 17,766 Residents and 7,850 Households
  • All-Brick Construction with Drive-Thru and Ample Parking
  • Located 0.5 Miles f rom Downtown Canton | 60 Miles f rom Cleveland | 20 Miles f rom Akron
  • Canton, Ohio is Home to the Pro Football Hall of Fame
  • Corporate Walgreen Co. Lease (Walgreens Boots Alliance) | $9.8 Billion Market Cap (NYSE: WBA) with S&P
    “BB-” Investment-Grade Credit
  • Walgreens is #28 on Fortune 500 | $147 Billion in Revenue and $9.8 Billion Net Worth (FY 2024)
EXCLUSIVELY LISTED BY:

Dustin Javitch

First Vice President Investments