3415 Clark Ave Cleveland, OH 44109

This exceptional investment opportunity presents a freestanding Walgreens located at 3415 Clark Ave, Cleveland, OH 44109. The property boasts a 14,820 square foot building situated on a 1.45-acre lot. This is an absolute NNN lease with zero landlord obligations, providing a passive income stream secured by a corporate guarantee from Walgreens (NASDAQ:WBA). The lease includes fifty (50) years of options with 12-month cancellation rights, ensuring long-term stability. Strategically positioned at a signalized intersection of Clark Ave and Fulton Rd, the property enjoys high visibility with 9,307 vehicles passing daily and excellent ingress and egress. The location benefits from strong demographics, with a significant population within a 3-mile radius. Its proximity to the 490/90 interchange provides easy access to Downtown Cleveland (approximately 10 minutes away). The property is surrounded by complementary businesses, including Dollar General, Little Caesars Pizza, Burger King, McDonald's, KFC, Family Dollar, and Rally's, further enhancing its appeal and potential for continued success. The asking price is $5,151,515, and the property generates a net operating income of $425,000. This is a rare opportunity to acquire a well-established, high-performing Walgreens location in a prime Cleveland location.