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CVS/Pharmacy Drug Store
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1001 Norton Rd, Galloway, OH 43119

Net-leased retail asset with limited landlord responsibilities and established tenant occupancy.

Property SizeContact for details
Days on Market144

Property Features for 1001 Norton Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: The Kase Group
Listed By: Kase Abusharkh · License #TX 708586
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 5:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Kase Group

Investment Insights

Based on property information with market context.

The property is a CVS/Pharmacy drug store operated under a net lease with minimal landlord obligations. The tenant recently added 20 years to the lease term, which also provides five 5-year renewal options with scheduled increases during each option period.

A replacement roof was completed in June 2018 and carries a 20-year warranty. The store occupies a hard-corner position along a heavily traveled corridor with traffic exceeding 25,000 VPD. More than 175,000 residents live within a 5-mile radius, and the property is located at 1001 Norton Rd in Galloway, Ohio, part of western Columbus.

Key Highlights

  • CVS/Pharmacy drug store under a net lease
  • Tenant recently extended the lease by 20 years
  • Five 5‑year options with increases at each option period

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store CVS Cosmetic Store CVS Pharmacy Pharmacy Cardtronics Atm Coinhub Bitcoin ATM ... Atm

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby
Under-served
Demand for This Use

Demographics for 43119, OH

30,072
Population
11,666
Households
2.6
Avg Household Size
35
Median Age
34%
College-Educated
92%
High-School Grad
32.1 sq mi
ZIP Area
937
Density / Sq Mi
$88,253
Median Household Income
$50,513
Median Earnings
$1,321
Median Rent
$235,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Old Village Pharmacy 978 Galloway Rd, Galloway, OH 43119
  • CVS Pharmacy 1001 Norton Rd, Galloway, OH 43119
  • Sheas Soaps & Soys 5045 cherry creek pkwy n, columbus, oh 43228

Frequently Asked Questions

What type of property is this?
Drug store - Net-leased retail asset with limited landlord responsibilities and established tenant occupancy.
Where is this drug store located?
The property is located at 1001 Norton Rd Galloway, OH.
What are key features of this property?
This property features: CVS/Pharmacy drug store under a net lease; Tenant recently extended the lease by 20 years; Five 5‑year options with increases at each option period
(925) 348-1844 Call to check price and availability
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