Listing Agency: Pharma Property Group

Listed By: Jason Pongsrikul · License #CA 01918332 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 14 Last Checked: Sep 2 at 11:15PM

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Investment Insights

Based on property information with market context.

This offering is a single-tenant Walgreens property with a true absolute NNN lease structure and no landlord responsibilities. Walgreens has operated at the location for 19+ years, and the current lease term includes approximately 5 years and eleven months remaining, along with 10 (5-year) extension options.

The property is located along US Route 23 (High Street) in Columbus, Ohio. The highway serves as a major North-South arterial, and the site is positioned as the only Walgreens store serving an area bounded by I-270 to the north, Highway 315 to the east, and I-71 to the west.

The surrounding retail environment includes national tenants such as Kroger, Petco, Michaels, Ulta Beauty, and Target.

Key Highlights

• Single‑tenant Walgreens property with a true absolute NNN lease structure (no landlord responsibilities)
• Walgreens operating at this location for 19+ years
• Approximately 5 years and 11 months remaining on the current lease, with 10 (5‑year) extension options

Property Analytics

Property Profile

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy WALGREENS #07368 Pharmacy Western Union Bank FedEx OnSite Postal Service

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Big Box & Wholesale Store Building Supply Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

565

Businesses Nearby

184k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 41% Dining 25% Apparel 21% Home Improvements & Furnishings 10%

Target Superstores

76,265 visits/mo 0.3 miles

Chick-fil-A Dining

32,736 visits/mo 0.1 miles

T.J. Maxx Apparel

26,465 visits/mo 0.4 miles

HomeGoods Home Improvements & Furnishings

18,853 visits/mo 0.4 miles

Rally House Apparel

11,363 visits/mo 0.4 miles

Demographics for 43214, OH

26,805

Population

14,343

Households

1.9

Avg Household Size

41

Median Age

65%

College-Educated

98%

High-School Grad

6.8 sq mi

ZIP Area

3,942

Density / Sq Mi

$92,838

Median Household Income

$60,164

Median Earnings

$1,189

Median Rent

$371,200

Median Home Value

Market

Vacancy Rate% for Retail in Columbus, OH

5.4% 2019

5.2% 2020

4% 2021

3.8% 2022

3.5% 2023

3.8% 2024

4.1% 2025

Questions? Ask Rey

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What type of property is this? Where is this drug stores located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• CBD Brothers USA — 4485 N High St, Columbus, OH 43214
• Suzanne Brouwer — 4890 N High St, Columbus, OH 432141552
• Walgreens Pharmacy — 4890 N High St, Columbus, OH 43214
• Nancy Pelini — 4890 N High St, Columbus, OH 432141552
• Kroger Pharmacy — 199 Graceland Blvd, Columbus, OH 43214

Frequently Asked Questions

What type of property is this?

Drug store - Single-tenant Walgreens property with true absolute NNN structure and approximately 5 years remaining on the current lease.

Where is this drug store located?

The property is located at 4890 N High St Columbus, OH.

What are key features of this property?

This property features: Single‑tenant Walgreens property with a true absolute NNN lease structure (no landlord responsibilities); Walgreens operating at this location for 19+ years; Approximately 5 years and 11 months remaining on the current lease, with 10 (5‑year) extension options