Walgreens Drug Store at Signalized
For Sale
Contact for pricing
Pending
4 E League St, Norwalk, OH 44857
Absolute net lease structure assigns no landlord responsibilities to the property.
Property SizeContact for details
Days on Market141
Property Features for 4 E League St
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
19,584 vehicles/day
Additional Details
Asking Price
$3,800,000
Building Details
Tenancy
Single
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 3:38PM
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 Walgreens drug store is supported by a new 15-year absolute net lease with no landlord responsibilities. The agreement provides 5% rent increases every 5 years during the initial term and throughout 12 additional 5-year options. Walgreens has operated at the site for 16 years, providing an established operating history.
The property occupies the signalized intersection of East League Street and Whittlesey Avenue, where combined traffic counts reach 19,584 vehicles per day. Huron County offices are approximately a half mile away, while the 99-bed Fisher Titus Medical Center is located two miles southeast. NASA’s Neil Armstrong Test Facility is 9 miles north and spans 6,400 acres, with more than 100 engineers, technicians, and administrative and support personnel. Manufacturing companies in the Norwalk area employ roughly 7,000 residents.
The property occupies the signalized intersection of East League Street and Whittlesey Avenue, where combined traffic counts reach 19,584 vehicles per day. Huron County offices are approximately a half mile away, while the 99-bed Fisher Titus Medical Center is located two miles southeast. NASA’s Neil Armstrong Test Facility is 9 miles north and spans 6,400 acres, with more than 100 engineers, technicians, and administrative and support personnel. Manufacturing companies in the Norwalk area employ roughly 7,000 residents.
Key Highlights
- New 15‑year absolute net lease with no landlord responsibilities
- 5% rent increases every 5 years during the initial term and each of 12 (5‑year) options
- Signalized corner at East League Street and Whittlesey Avenue with 19,584 vehicles per day
Property Analytics
Property Profile
Current Use
Lease Details
19,584 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44857, OH
23,619
Population
10,579
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
93%
High-School Grad
81.6 sq mi
ZIP Area
289
Density / Sq Mi
$62,227
Median Household Income
$42,100
Median Earnings
$795
Median Rent
$170,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Shelly's on main — E Main St, Norwalk, OH 44857
- Gregory T. Metcalf, RPH — 99 Whittlesey Ave, Norwalk, OH 44857
- Jane Kramer, RPh — 99 Whittlesey Ave, Norwalk, OH 44857
- Rite Aid Pharmacy — 99 Whittlesey Ave, Norwalk, OH 44857
- Beauty Body & Beyond, LLC — 77 Whittlesey Ave, Norwalk, OH 44857
Frequently Asked Questions
What type of property is this?
Drug store - Absolute net lease structure assigns no landlord responsibilities to the property.
Where is this drug store located?
The property is located at 4 E League St Norwalk, OH.
What are key features of this property?
This property features: New 15‑year absolute net lease with no landlord responsibilities; 5% rent increases every 5 years during the initial term and each of 12 (5‑year) options; Signalized corner at East League Street and Whittlesey Avenue with 19,584 vehicles per day
