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    3445 S High St Columbus, OH 43214

    For Sale
    $3,800,000

    NNN leased Walgreens with zero landlord responsibilities and ROFR.

    Property size:
    14,560 SF
    Lot size:
    1.91 Acres

    Property Features for 3445 S High St

    General Information

    Size
    14,560 SF
    Lot size
    1.91 Acres

    Source: CBRE Agent Tyler Dingel

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

    Overview

    NNN Leased Walgreens Investment Opportunity

    This is an investment opportunity featuring a Walgreens property with an absolute NNN lease. The lease commenced on March 1, 2005, and expires on February 28, 2030, offering zero landlord responsibilities. A right of first refusal (ROFR) is in place, requiring 10 days' notice after a Bona Fide Offer. The tenant, Walgreens, has operated successfully at this location for over 20 years. The property is located near notable neighbors within a 0.5-mile radius, including Lowes, Hardees, Wendy’s, Subway, Drury Inn & Suites, and Aldi. Walgreens is the 2nd largest pharmacy store chain in the U.S. The property size is 14,560 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Drug Store Walgreens Photo Passport Photo Processor Walgreens Pharmacy Pharmacy Helen J. Johnson, ... Pharmacy COVID-19 Drive-Thru Testing ... Medical Laboratory

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Charitable Pharmacy of Central Ohio, Drumin On 30, Nch Adolescent Medicine Clinic, Sarah Jones, Handmade by PammieJo

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -82.9974031
    Latitude
    39.8914546

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    FAQs

    What type of property is this?
    Drug store - NNN leased Walgreens with zero landlord responsibilities and ROFR.
    Where is this drug store located?
    The property is located at 3445 S High St Columbus, OH.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: - Absolute NNN Lease (Zero Landlord Responsibilities); - Lease Expiration - 2/28/2030; - Tenant has been successfully at this location for over 20 years
    (515) 865-2985
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    3445 S High St Columbus, OH 43214
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    Columbus, OH 43214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3445 S High St Columbus, OH 43214
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