Net-Lease Walgreens
For Sale
Contact for pricing
6707 N Ridge Road, Madison, OH 44057
Leasehold interest in a Walgreens with an approximately 15-year initial term remaining and absolute net responsibilities.
Property Size14,490 SF
Days on Market122
Property Features for 6707 N Ridge Road
General Information
Standard status
Active
Size
14,490 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
(858) 558-5670
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 5:54PM
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 Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
The subject property is a leasehold interest in a Walgreens facility totaling 14,490 square feet. Walgreens signed a 25-year lease that commenced in 2007, leaving approximately 15 years remaining on the tenant’s initial lease term. The lease is absolute net, providing for zero landlord responsibilities.
The property is located at 6707 N. Ridge Road in Madison, Ohio. Walgreens is publicly traded on the New York Stock Exchange under the ticker symbol WBA.
The offering provides a single-tenant, absolute net lease structure tied to Walgreens’ long-term occupancy under the initial lease term remaining.
The property is located at 6707 N. Ridge Road in Madison, Ohio. Walgreens is publicly traded on the New York Stock Exchange under the ticker symbol WBA.
The offering provides a single-tenant, absolute net lease structure tied to Walgreens’ long-term occupancy under the initial lease term remaining.
Key Highlights
- Leasehold interest in a 14,490 SF Walgreens in Madison, Ohio
- Walgreens signed a 25‑year lease commenced in 2007, with approximately 15 years remaining on the initial term
- Absolute net lease structure with zero landlord responsibilities
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
180k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Groceries 28%
Shops & Services 16%
Home Improvements & Furnishings 11%
Giant Eagle Supermarket
Groceries
25,508 visits/mo
0.4 miles
McDonald's
Dining
18,609 visits/mo
0.1 miles
Aldi
Groceries
13,301 visits/mo
0.4 miles
Marc's
Groceries
12,240 visits/mo
0.3 miles
Taco Bell
Dining
12,127 visits/mo
0.3 miles
Demographics for 44057, OH
19,447
Population
8,474
Households
2.3
Avg Household Size
44
Median Age
17%
College-Educated
91%
High-School Grad
50.1 sq mi
ZIP Area
388
Density / Sq Mi
$70,212
Median Household Income
$39,191
Median Earnings
$1,044
Median Rent
$170,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Giant Eagle Pharmacy — 6556 N Ridge Rd, North Madison, OH 44057
- Walgreens Pharmacy — 6707 N Ridge Rd, Madison, OH 44057
- Carleen Pierce, RPH — 6707 N Ridge Rd, Madison, OH 44057, United States
- Melanie B. Sanders, RPH — 6707 N Ridge Rd, Madison, OH 44057
- COVID-19 Drive-Thru Testing at Walgreens — 6707 N Ridge Rd, Madison, OH 44057
Frequently Asked Questions
What type of property is this?
Drug store - Leasehold interest in a Walgreens with an approximately 15-year initial term remaining and absolute net responsibilities.
Where is this drug store located?
The property is located at 6707 N Ridge Road Madison, OH.
What are key features of this property?
This property features: Leasehold interest in a 14,490 SF Walgreens in Madison, Ohio; Walgreens signed a 25‑year lease commenced in 2007, with approximately 15 years remaining on the initial term; Absolute net lease structure with zero landlord responsibilities
