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Walgreens Single-Tenant Drug Store
For Sale
Contact for pricing
Pending

318 W Prospect Rd, Ashtabula, OH 44004

Single-tenant pharmacy property with a long-term lease and scheduled increases.

Property Size14,820 SF
Lot Size1.82 Acres
Days on Market141

Property Features for 318 W Prospect Rd

General Information

Standard status Pending
Size 14,820 SF
Lot size 1.82 Acres
Property subtype Retail

Additional Details

Traffic Count 13,000 vehicles/day

Building Details

Year Built 2005
Buildings 1
Tenancy Single
Listing Agency: Deltondo Advisory Group Irvine
Listed By: Peter Deltondo · License #CA 01797033
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 7:14PM

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 Deltondo Advisory Group Irvine

Investment Insights

Based on property information with market context.

This Walgreens property contains 14,820 square feet in a building constructed in 2005. The single-tenant drug store occupies a 1.82-acre parcel near West Prospect Road in Ashtabula, Ohio.

The property is positioned just off West Prospect Road, which carries approximately ±13,000 vehicles per day. Walgreens has entered into a new 13-year lease that includes twelve 5-year options and 5% increases every 5 years.

Key Highlights

  • 14,820‑square‑foot Walgreens drug store
  • Building constructed in 2005
  • Situated on a 1.82‑acre lot

Property Analytics

Current Use

FedEx OnSite Postal Service Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy Western Union Bank Redbox Cinema

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Big Box & Wholesale Store Gym & Fitness Center Kitchen & Bath Showroom (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

13,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

589
Businesses Nearby
24k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 77% Dining 18% Electronics 5%
Dollar General Shops & Services
7,810 visits/mo 0.1 miles
Shell Shops & Services
4,962 visits/mo 0.1 miles
U.S. Bank Shops & Services
4,633 visits/mo 0.5 miles
Dairy Queen Dining
4,292 visits/mo 0.5 miles
Boost Mobile Electronics
1,263 visits/mo 0.4 miles

Demographics for 44004, OH

31,661
Population
15,262
Households
2.1
Avg Household Size
44
Median Age
15%
College-Educated
87%
High-School Grad
74.1 sq mi
ZIP Area
427
Density / Sq Mi
$49,507
Median Household Income
$31,471
Median Earnings
$813
Median Rent
$120,300
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Kristina Dalrymple, PHARM 318 W Prospect Rd, Ashtabula, OH 44004
  • Allison Searson, PharmD 318 W Prospect Rd, Ashtabula, OH 44004
  • Peter Schumann 318 W Prospect Rd, Ashtabula, OH 440045861
  • COVID-19 Drive-Thru Testing at Walgreens 318 W Prospect Rd, Ashtabula, OH 44004
  • Walgreens Pharmacy 318 W Prospect Rd, Ashtabula, OH 44004

Frequently Asked Questions

What type of property is this?
Drug store - Single-tenant pharmacy property with a long-term lease and scheduled increases.
Where is this drug store located?
The property is located at 318 W Prospect Rd Ashtabula, OH.
What are key features of this property?
This property features: 14,820‑square‑foot Walgreens drug store; Building constructed in 2005; Situated on a 1.82‑acre lot
(949) 419-3200 Call to check price and availability
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