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Property summary
This Columbus, Ohio Walgreens offers a compelling investment opportunity. The 14,264 square foot property, built in 2003, sits on a 0.998-acre lot and boasts a strong 11.00% cap rate, generating a $352,000 NOI. The absolute NNN lease with Walgreens, a highly creditworthy tenant, has a remaining term of 4.9 years, followed by 10 (5-year) option periods. There are no rent bumps and no landlord obligations. The property benefits from its prime location in a dense residential area, just two… blocks from a large shopping center and directly across from a CVS pharmacy (with its retail portion closed). The area's strong demographics include approximately 365,021 residents and 154,024 households within a 5-mile radius, further enhanced by the proximity to Ohio State University (approximately 3 miles away) with its 60,000+ students. The Columbus market is thriving, with major employers like Nationwide and JP Morgan Chase, and a significant upcoming investment from Intel. Columbus is the 7th largest economy in the US, and Ohio's 0% state corporate income tax creates a favorable business environment. The asking price is $3,200,000, representing a price per square foot of $224.34. This is a fee simple ownership opportunity.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 14,678 SF
- Lot area
- 0.35 ac
- Year built
- 2003
- Stories
- 1
- APN
- 010-075327
- Assessed value · 2023
- $651,350
- Annual tax · 2023
- $47,580
- Apartment House (5+ Units)
- Office Building
- Medical Building
- Neighborhood: Shopping Center
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
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- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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