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CVS Single-Tenant Drug Store
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143 E Sandusky Ave, Bellefontaine, OH 43311

Single-occupant retail property with an Absolute NNN lease and a signalized corner setting.

Property SizeContact for details
Days on Market144

Property Features for 143 E Sandusky Ave

General Information

Standard status Active
Property subtype Retail

Additional Details

Corner Location Yes

Building Details

Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 9:21PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This single-tenant drug store at 143 E Sandusky Ave in Bellefontaine, Ohio, is occupied by CVS under an Absolute NNN lease. CVS has operated at the property since 2002, with the current lease extending through November 2041 and 18+ years of remaining term. The agreement also includes ten 5-year renewal options, each carrying a 5.0% rent increase at the start of the option period.

The property occupies a visible corner at the signalized intersection of East Sandusky Avenue and North Madriver Street. It is just over a mile from US Route 33 and sits in downtown Bellefontaine near municipal offices, national and local retailers, businesses, entertainment, and other amenities.

Key Highlights

  • CVS has occupied the property since 2002
  • Lease extends through November 2041 with 18+ years of remaining term
  • Absolute NNN lease includes ten (10), 5‑year renewal options

Property Analytics

Current Use

UPS Access Point ... Courier Service CDReload - Online Bitcoin ... Crypto Atm Buy Bitcoin Crypto Atm MoneyGram Bank Coinhub Bitcoin ATM ... Atm

Suggested Use

Top Pick Real Estate Agency Restaurant Parking Lot & Garage Kitchen & Bath Showroom Electrical Service (Bike/Boat/Book/etc) Store

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

813
Businesses Nearby
Balanced
Demand for This Use

Demographics for 43311, OH

20,029
Population
9,497
Households
2.1
Avg Household Size
40
Median Age
17%
College-Educated
93%
High-School Grad
103.8 sq mi
ZIP Area
193
Density / Sq Mi
$64,217
Median Household Income
$40,341
Median Earnings
$833
Median Rent
$183,000
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
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Similar Off Market Nearby

  • Cheryl L. Barnes, RPH 230 S Main St, Bellefontaine, OH 43311
  • Keith D. Wiley, RPh 230 S Main St, Bellefontaine, OH 43311
  • Pamela J. Grimslid, RPH 101 E Sandusky Ave, Bellefontaine, OH 43311
  • COVID-19 Drive-Thru Testing at Walgreens 101 E Sandusky Ave, Bellefontaine, OH 43311
  • CVS Pharmacy 143 E Sandusky Ave, Bellefontaine, OH 43311

Frequently Asked Questions

What type of property is this?
Drug store - Single-occupant retail property with an Absolute NNN lease and a signalized corner setting.
Where is this drug store located?
The property is located at 143 E Sandusky Ave Bellefontaine, OH.
What are key features of this property?
This property features: CVS has occupied the property since 2002; Lease extends through November 2041 with 18+ years of remaining term; Absolute NNN lease includes ten (10), 5‑year renewal options
More about this property
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