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    Kent, OH
    Drug Store

    Kent, OH Drug Stores for Sale

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    Stow, OH Ravenna, OH Munroe Falls, OH
    Walgreens Pharmacy Investment Opportunity
    Updated: Nov 20, 2024
    Walgreens Pharmacy Investment Opportunity

    320 S Water St, Kent, OH 44240

    $3,400,000
    15,120 sqft
    Long‑term Double Net lease with Walgreens through October 2028, providing stable rent.
    Corporate guaranty from Walgreens Boots Alliance (S&P‑rated "BB").
    Prime location in a bustling downtown area with high visibility and foot traffic.
    Freestanding 15,120 sq ft retail store anchored by a leading national pharmacy brand.
    Proximity to Kent State University and major State Routes, ensuring a strong consumer base.
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    This listing looks promising.

    Here's a quick look at some key insights for

    320 S Water St, Kent, OH 44240

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $197K
      Annual

    • Price @ 7% Cap

      $2.82M
      Suggested

    • Last Sold

      Apr 2017
      $25K

    • Property Type

      Drug Store, Pharmacy
      Built 2000
    View Property Analytics
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Kent, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Retail Property For Sale
    Freestanding Retail Property For Sale

    1233 Som Center Rd, Cleveland, OH 44124

    $3,854,015
    1.60 AC lot

    Freestanding retail property with drive-thru pharmacy and high visibility.

    View details
    Redevelopment Opportunity in Cleveland, Ohio
    Redevelopment Opportunity in Cleveland, Ohio

    7109 Harvard Ave, Cleveland, OH 44105

    Contact for pricing
    11,456 sqft · 1.15 AC lot

    1.15-acre former Rite Aid available for sale or lease.

    View details
    Former Rite Aid For Sale
    Former Rite Aid For Sale

    3030 Market Ave N, Canton, OH 44714

    $1,700,000
    11,335 sqft

    Former Rite Aid with drive-thru near high-traffic intersection.

    View details
    Prime Location Retail Building
    Prime Location Retail Building

    325 W Broad St, Newton Falls, OH 44444

    Contact for pricing
    11,325 sqft · 1.00 AC lot

    High-visibility retail building with drive-thru and ample parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cleared Lot in Garrettsville Village
    Cleared Lot in Garrettsville Village

    10937 Fox Den Circle, Garrettsville, OH 44231

    $59,000
    0.25 AC lot

    Ready-to-build 0.25 acre lot with utilities in Garrettsville, OH.

    View details
    Rochester Development Site on Corner
    Rochester Development Site on Corner

    2032 Lyell Avenue, Rochester, NY 14606

    $399,999
    1,350 sqft · 0.13 AC lot

    High-visibility corner lot suitable for various commercial uses.

    View details
    B-3 Zoned Commercial Land Parcel
    B-3 Zoned Commercial Land Parcel

    University Boulevard, Anderson, IN 46012

    $812,000
    8.12 AC lot

    8.12+-acre B-3 commercial parcel with University Blvd frontage and direct access from Scatterfield Road.

    View details
    Georgetown Land For Sale
    Georgetown Land For Sale

    1 Mallard Point Drive, Georgetown, KY 40324

    $274,995
    10.40 AC lot

    10.403 +/- acre commercial land with B1 zoning.

    View details

    Off-Market Properties in Kent, OH

    Consider similar Off-Market properties in Kent, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1501 Fairchild Ave
    DRUG STORE, PHARMACY

    1501 Fairchild Ave, Kent, OH 44240-1819

    Value Estimation by Request
    1,332 sqft · 5.52 AC lot
    View details
    1354 Brimfield Dr
    DRUG STORE, PHARMACY

    1354 Brimfield Dr, Kent, OH 44240-6942

    Value Estimation by Request
    1,164 sqft · 2.17 AC lot
    View details
    320 Water St
    DRUG STORE, PHARMACY

    320 Water St, Kent, OH 44240-3528

    $1,250,000
    Estimated value
    14,936 sqft · 1.66 AC lot
    View details
    1145 Howe Rd
    DRUG STORE, PHARMACY

    1145 Howe Rd, Kent, OH 44240-7339

    Value Estimation by Request
    804 sqft · 0.92 AC lot
    View details
    1850 Oh-59 Kent Ohio 44240
    Individual retail properties

    1850 Oh-59 Kent Ohio 44240, Kent, OH 44240

    Value Estimation by Request
    View details
    500 Water St
    DRUG STORE, PHARMACY

    500 Water St, Kent, OH 44240-3548

    $1,130,000
    Estimated value
    13,515 sqft · 1.14 AC lot
    View details

    Kent, OH Drug Stores Market Trends and Statistics

    Explore 7 drug stores for sale in Kent, OH on our real estate platform. These investment opportunities span a total of 15,120 square feet of properties for sale, with an estimated market value of $3,400,000.

    Sale prices for pharmacies in Kent, OH start at $3,400,000, averaging $3,400,000, and reaching up to $3,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 8
    Storefront properties 6
    Banks 2
    Auto shops 1
    Automotive properties 1

    Demographics Overview

    Population 43K
    Population Growth (5Y) +1.0%
    Median Household Income $57,415
    College Educated 32.2%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Portage County

    New Delisted

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