Property summary
This exceptional investment opportunity presents a 14,747-square-foot Walgreens, situated on a 2.57-acre lot in Cincinnati, Ohio. The property boasts a strong 6.25% cap rate, generating a net operating income (NOI) of $295,200. Secured by a corporate guarantee, the absolute NNN lease commenced February 23, 2023, and extends for 15 years, with 12 five-year renewal options. The lease includes a favorable 5% rent increase every five years, providing inflation protection. This strategically… located Walgreens enjoys high visibility at the signalized intersection of Northland Blvd and Springfield Pike, experiencing over 32,000 vehicles per day. The property benefits from a densely populated submarket, with over 157,000 residents within a five-mile radius and a robust retail trade area including Aldi, Jersey Mike's, PNC Bank, Five Below, and Lowe's. Built in 1991, this 100% occupied property offers a compelling investment with a price per square foot of $320.28 and an asking price of $4,723,200. The remaining lease term is 13.3 years, offering long-term stability and predictable cash flow.
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.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
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
1 recorded sale · 18 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 $99/month
- Lot area
- 0.2 ac
- APN
- 599-0042-0350-00
- Assessed value · 2023
- $7,046
- Annual tax · 2023
- $569
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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