Walgreens Drug
For Sale
Contact for pricing
Pending
20485 Euclid Ave, Euclid, OH 44117
Retail building subject to a 15-year absolute NNN lease with renewal options.
Property Size14,408 SF
Lot Size1.25 Acres
Days on Market142
Property Features for 20485 Euclid Ave
General Information
Standard status
Pending
Size
14,408 SF
Lot size
1.25 Acres
Property subtype
Retail
Additional Details
Gross Income
$232,800
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 2:19PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
The Walgreens property comprises approximately 14,408 rentable square feet within a building positioned on an estimated 1.25-acre parcel. The asset is subject to a 15-year absolute triple-net lease that began February 23, 2023.
The lease provides for 12 five-year renewal options and scheduled 5% rent increases every five years during the initial term and each renewal period. The property is located at 20485 Euclid Ave in Euclid, Ohio, with a 44117 ZIP code.
The lease provides for 12 five-year renewal options and scheduled 5% rent increases every five years during the initial term and each renewal period. The property is located at 20485 Euclid Ave in Euclid, Ohio, with a 44117 ZIP code.
Key Highlights
- Approximately 14,408 rentable square feet on an estimated 1.25‑acre parcel
- 15‑year absolute triple‑net lease commenced February 23, 2023
- 12, 5‑year renewal options
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44117, OH
10,533
Population
5,320
Households
2
Avg Household Size
49
Median Age
20%
College-Educated
91%
High-School Grad
3.8 sq mi
ZIP Area
2,772
Density / Sq Mi
$41,818
Median Household Income
$35,966
Median Earnings
$877
Median Rent
$137,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- COVID-19 Drive-Thru Testing at Walgreens — 20485 Euclid Ave, Euclid, OH 44117
- Keith Schrode — 20485 Euclid Ave, Euclid, OH 441171456
- Walgreens Pharmacy — 20485 Euclid Ave, Euclid, OH 44117
Frequently Asked Questions
What type of property is this?
Drug store - Retail building subject to a 15-year absolute NNN lease with renewal options.
Where is this drug store located?
The property is located at 20485 Euclid Ave Euclid, OH.
What are key features of this property?
This property features: Approximately 14,408 rentable square feet on an estimated 1.25‑acre parcel; 15‑year absolute triple‑net lease commenced February 23, 2023; 12, 5‑year renewal options
