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1140 N Limestone St Springfield, OH 45503

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Walgreens property with approximately 3.5 years remaining on lease.

Property size:
13,991 SF

Property Features for 1140 N Limestone St

General Information

Standard status
Active
Size
13,991 SF

Building Details

Year built
2004

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Listing Contact
Jason Pongsrikul
Jason Pongsrikul
Source: Crexi

Listing Agency: Pharma Property Group Listing Agent: Jason Pongsrikul

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Walgreens NNN Investment Opportunity

The Walgreens property is located at 1140 N Limestone St, Springfield, OH 45503. Walgreens operates under an absolute net lease with approximately 3.5 years remaining in the current term. The lease includes ten 5-year renewal options. The property is situated at the intersection of North Limestone Street (State Route 72) and East McCreight Avenue, a high-visibility corridor that connects directly to Interstate 70, offering strategic positioning within Springfield’s main commercial and medical district. Limestone Street functions as a primary north-south arterial. The surrounding area includes a mix of healthcare, education, and residential density. Notably, the property is 0.5 miles from Mercy Health – Springfield Regional Medical Center, a 234-bed full-service hospital, and Springfield Nursing and Assisted Living, located just across McCreight Avenue. Wittenberg University, with 1,254 students and nearly 200 faculty/staff, and Springfield High School with 1,602 students and 110 teachers are both within a two-mile radius, contributing to a consistent daytime population and demand. The property size is 13,991 square feet. Work recently began on Fountain Village, a 16-acre residential development just blocks from the property. Once complete, the community will offer 54 single-family homes alongside 109 townhomes.
Location Intelligence

Current Use by Public Records

Walgreens Photo (Bike/Boat/Book/etc) Store Christina Jones, RPH Pharmacy Western Union Bank LibertyX Bitcoin ATM Atm Walgreens Pharmacy Pharmacy

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Mercy Health - Springfield Regional Medical Center, Christina Jones, RPH, Madison Avenue Pharmacy, Katrina Vaske, RPH, Karalyn Evilsizor

Location Insight

  • Map
  • Local Demand
City
Springfield
County
Clark
State
Ohio
Longitude
-83.8053639
Latitude
39.9381863

FAQs

What type of property is this?
Drug store - Walgreens property with approximately 3.5 years remaining on lease.
Where is this drug store located?
The property is located at 1140 N Limestone St Springfield, OH.
What are key features of this property?
This property features: - Absolute Net Lease with Walgreens: Provides a passive income stream.; - Strategic High-Visibility Location at a major intersection (N Limestone St & E McCreight Ave) with direct access to Interstate 70.; - Proximity to Mercy Health – Springfield Regional Medical Center: Located just 0.5 miles from a major hospital.
More about this property
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