1410 East Dorothy Lane Kettering, OH 45429

Listing agency Thomas Company

Listed by Jeffrey Thomas · License #WA 116180

Source Crexi

Added: Apr 10 Updated: Jul 21 at 9:51PM Checked: Jul 21 at 9:51PM

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Investment Insights

Based on property information with market context.

Thomas Company is offering for sale a portfolio of four CVS retail stores in Ohio totaling approximately 42,663 square feet. The portfolio will be sold together as a diversified pool subject to a single, non-recourse loan.

Each property has been occupied by CVS since 2000. The absolute-net leases were recently extended for an additional 20 years with no rent holiday, and CVS is responsible for all repair and maintenance under the leases.

The offering is structured to support a 1031 exchange and is positioned as a zero-cash-flow investment, with the portfolio intended to provide significant passive losses.

Key Highlights

• Portfolio includes four CVS stores in Ohio totaling +/- 42,663 SF of retail space
• Each property has been occupied by CVS since 2000
• Absolute‑net leases recently extended for an additional 20 years with no rent holiday

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Similar Off Market Nearby

• CVS Pharmacy — 1410 E Dorothy Ln, Kettering, OH 45429
• Laura Richardson — 1410 E Dorothy Ln, Kettering, OH 454293806

FAQs

What type of property is this?

Drug store - Portfolio of four CVS stores in Ohio, leased on absolute-net terms with extended lease renewals and no rent holiday.

Where is this drug store located?

The property is located at 1410 East Dorothy Lane Kettering, OH.

What are key features of this property?

This property features: Portfolio includes four CVS stores in Ohio totaling +/- 42,663 SF of retail space; Each property has been occupied by CVS since 2000; Absolute‑net leases recently extended for an additional 20 years with no rent holiday