30 Mckinley Way Poland, OH 44514-1988

This exceptional investment opportunity presents a 14,560 square foot Walgreens pharmacy in Poland, Ohio, situated on a 1.36-acre lot. The property boasts a strong 7.50% cap rate and a substantial net operating income (NOI) of $360,000. The absolute triple-net (NNN) lease with Walgreens Boots Alliance, a corporate guarantee, ensures minimal landlord responsibilities and provides financial stability with over 5.7 years remaining on the 25.1-year lease, with ten 5-year renewal options. Built in 2004, this single-story building enjoys excellent visibility and convenience due to its location on a signalized corner with high daily traffic counts, complemented by proximity to Interstate-680 and a major retail center, Southland Crossing, featuring national retailers like Walmart, Lowe's, and Target. The property's consistent sales performance surpasses the national average for Walgreens, further enhancing its investment appeal. The asking price is $4,800,000, translating to a price per square foot of $329.67. The property's Commercial (4) zoning and dedicated drive-thru add to its operational efficiency and market competitiveness. This is a rare opportunity to acquire a high-performing, passively managed investment with a blue-chip tenant in a prime retail location. The property's address is 30 W McKinley Way, Poland, OH 44514, with APN 36-002-0-011-.01-0.