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Single-Tenant Walgreens Net Lease
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Pending

4890 N High St, Columbus, OH 43214

Single-tenant Walgreens property with true absolute NNN structure and approximately 5 years remaining on the current lease.

Property SizeContact for details
Days on Market118

Property Features for 4890 N High St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Pharma Property Group
Listed By: Jason Pongsrikul · License #CA 01918332
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Aug 6 at 7:14AM

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 Pharma Property Group

Investment Insights

Based on property information with market context.

This offering is a single-tenant Walgreens property with a true absolute NNN lease structure and no landlord responsibilities. Walgreens has operated at the location for 19+ years, and the current lease term includes approximately 5 years and eleven months remaining, along with 10 (5-year) extension options.

The property is located along US Route 23 (High Street) in Columbus, Ohio. The highway serves as a major North-South arterial, and the site is positioned as the only Walgreens store serving an area bounded by I-270 to the north, Highway 315 to the east, and I-71 to the west.

The surrounding retail environment includes national tenants such as Kroger, Petco, Michaels, Ulta Beauty, and Target.

Key Highlights

  • Single‑tenant Walgreens property with a true absolute NNN lease structure (no landlord responsibilities)
  • Walgreens operating at this location for 19+ years
  • Approximately 5 years and 11 months remaining on the current lease, with 10 (5‑year) extension options

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy WALGREENS #07368 Pharmacy Western Union Bank FedEx OnSite Postal Service

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Big Box & Wholesale Store Building Supply Electrical Service

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

610
Businesses Nearby
Balanced
Demand for This Use

Demographics for 43214, OH

26,805
Population
14,343
Households
1.9
Avg Household Size
41
Median Age
65%
College-Educated
98%
High-School Grad
6.8 sq mi
ZIP Area
3,942
Density / Sq Mi
$92,838
Median Household Income
$60,164
Median Earnings
$1,189
Median Rent
$371,200
Median Home Value

Market

Vacancy Rate% for Retail in Columbus, OH

5.4% 2019
5.2% 2020
4% 2021
3.8% 2022
3.5% 2023
3.8% 2024
4.1% 2025
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Similar Off Market Nearby

  • Kroger Pharmacy 199 Graceland Blvd, Columbus, OH 43214
  • Walgreens Pharmacy 4890 N High St, Columbus, OH 43214
  • CBD Brothers USA 4485 N High St, Columbus, OH 43214
  • Suzanne Brouwer 4890 N High St, Columbus, OH 432141552
  • Nancy Pelini 4890 N High St, Columbus, OH 432141552

Frequently Asked Questions

What type of property is this?
Drug store - Single-tenant Walgreens property with true absolute NNN structure and approximately 5 years remaining on the current lease.
Where is this drug store located?
The property is located at 4890 N High St Columbus, OH.
What are key features of this property?
This property features: Single‑tenant Walgreens property with a true absolute NNN lease structure (no landlord responsibilities); Walgreens operating at this location for 19+ years; Approximately 5 years and 11 months remaining on the current lease, with 10 (5‑year) extension options
(619) 297-0055 Call to check price and availability
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