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Richmond Heights, OH NNN Properties for Sale

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Cleveland, OH Euclid, OH Highland Heights, OH
Walgreens Corporate Lease Investment Opportunity
Updated: Aug 1, 2024
Walgreens Corporate Lease Investment Opportunity

751 Richmond Rd, Richmond Heights, OH 44143

$4,968,000
13,216 sqft
Recently‑extended corporate lease with Walgreen Co. until September 30, 2033 (10 years guaranteed).
Located at the signalized primary corner directly in front of the new Belle Oaks mixed‑use development.
Belle Oaks development will feature Meijer Grocery Store in 2025, plus retail, multi‑family, office and medical spaces.
Triple net lease with a corporate guarantee.
High traffic and visibility location.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Richmond Heights, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Building in Cleveland Area
Retail Building in Cleveland Area

3171 W Blvd, Cleveland, OH

$4,430,769
11,625 sqft · 1.79 AC lot

11,625 SF retail building in a vibrant Cleveland location.

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Freestanding Retail Property For Sale
Freestanding Retail Property For Sale

1233 Som Center Rd, Cleveland, OH 44124

$3,854,015
1.60 AC lot

Freestanding retail property with drive-thru pharmacy and high visibility.

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NNN-Leased Bank on Corner Parcel
NNN-Leased Bank on Corner Parcel

435 Broadway Ave, Bedford, OH 44146

$1,046,215
2,288 sqft

Corporately guaranteed Citizens Financial Group NNN lease with long-term operation on a prominent corner site.

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Leased Bank Building with Absolute NNN
Leased Bank Building with Absolute NNN

680 BROADWAY AVE, Bedford, OH

$805,000
9,003 sqft

Single-tenant U.S. Bank property with an extended 5-year lease on absolute NNN terms.

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Richmond Heights, OH Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Richmond Heights, OH on our real estate platform. These investment opportunities span a total of 13,216 square feet of properties for sale, with an estimated market value of $4,968,000.

Sale prices for triple net lease properties in Richmond Heights, OH start at $4,968,000, averaging $4,968,000, and reaching up to $4,968,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 24K
Population Growth (5Y) +0.4%
Median Household Income $75,853
College Educated 62.9%

High-Yield Neighborhoods for Investment

Identify Richmond Heights submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Cleveland - 44143 $5M

Listings Trend

New vs delisted commercial listings in Cuyahoga County

New Delisted

Total CRE Inventory on Market (SF)

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