6201 Broad St, Columbus, OH 43213-5500
- Drug stores
- 0.47 lot acres
Current Use by Public Records
- Walgreens Photo / (Bike/Boat/Book/etc) Store
- Walgreens Pharmacy / Pharmacy
- Edward H. Stolarski, RPH / Pharmacy
- Sherwyn N. Graves, RPH / Pharmacy
- FedEx OnSite / Postal Service / Courier Service
Property Details for 6201 Broad St
- Lot size
- 0.47 lot acres
- Property type
- Drug stores
- APN
- 010-015883
- APU
- 10015883
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 19, 2023 | — | City Of Columbus | Lm&c Wg 15 LLC | Warranty Deed | — |
| Jun 9, 2020 | $6,730,000 | Lm & C-wg-15 LLC | Erh-nnn-3 LLC | Grant Deed | — |
| Feb 12, 2018 | $6,905,600 | Erh-nnn-3 LLC | Ridawag E Columbus LLC | Trustees Deed | $13.4M · Coastal FCU |
| Oct 16, 2012 | — | Vif II Of Ridawag E Columbus LLC | — | Deed Of Trust · related | $4.8M · Compass Bank |
| Aug 19, 2010 | $5,579,000 | Ridawag E Columbus LLC | Columbus-mcnaughten LLC | Grant Deed | $4.2M · Compass Bank |
| Aug 4, 2006 | — | City Of Columbus Ohio | Columbus-mcnaughten LLC | Quit Claim Deed · related | — |
| Jul 7, 2006 | $570,000 | Columbus Mcnaughten LLC | Mount Carmel Health | Limited Warranty Deed | — |
Description
This exceptional investment opportunity presents a fee-simple, single-tenant retail property in Columbus, Ohio, fully occupied by a credit-rated Walgreens under an absolute NNN lease with a corporate guarantee. The 14,618 square foot building, constructed in 2007, boasts a strong sales history and benefits from a highly visible, signalized corner location on E Broad St, near major highways including I-270 and John Glenn Columbus International Airport (within 5.9 miles). The lease, expiring May 30, 2032, offers a remaining term of 7.5 years with fifty, one-year options. The property features a current NOI of $432,820, resulting in a 7.30% cap rate and a price per square foot of $405.66. The asking price is $5,930,000. An assumable loan with a 3.82% interest rate is available (see offering memorandum for details). All property maintenance is the tenant's responsibility. The property is situated near Mount Carmel East Hospital (0.5 miles). The property's APN is 010-008898. This is a 1031 exchange eligible property.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.8367
- Latitude
- 39.9798
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
