124 South Main Street, Union, OH 45322

Building Details

Tenancy Single More

Listing Agency: Atlantic Capital Partners

Listed By: Eric Suffoletto · License MA #9577141 Show Phone

Source: Crexi

Added: Oct 27 Changed: Nov 10 Last Checked: Nov 10 at 2:14PM

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Investment Insights

Based on property information with market context.

The Union property is occupied by a CVS pharmacy under a corporate-guaranteed net lease. CVS has operated at this location since 1998 and exercised a 20-year lease extension in 2019, with the current term ending in January 2039.

The lease also includes four five-year renewal options and scheduled 5% rent increases. These terms establish the remaining lease structure and contractual rent adjustments.

Key Highlights

• Corporate‑guaranteed lease with CVS Health Corporation
• CVS has operated at the location since 1998
• 20‑year lease extension exercised in 2019; current term runs through January 2039

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Drug stores

Suggested Use

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

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

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

29

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 45322, OH

21,185

Population

9,266

Households

2.3

Avg Household Size

43

Median Age

28%

College-Educated

98%

High-School Grad

21.2 sq mi

ZIP Area

999

Density / Sq Mi

$72,073

Median Household Income

$44,201

Median Earnings

$1,036

Median Rent

$165,500

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

Frequently Asked Questions

What type of property is this?

Drug store - A corporate-guaranteed net lease includes scheduled rent increases and multiple renewal options.

Where is this drug store located?

The property is located at 124 South Main Street Union, OH.

What is the asking price?

The asking price for this property is $2,390,000.

What are key features of this property?

This property features: Corporate‑guaranteed lease with CVS Health Corporation; CVS has operated at the location since 1998; 20‑year lease extension exercised in 2019; current term runs through January 2039