

Walgreens: Marion, OH
Retail | 6.50% CAP | 14,751 SqFt
Marketing description
CBRE is pleased to exclusively offer for sale the 14,751 square-foot Walgreens situated on 1.97 acres in Marion, OH - a component of the Columbus, Marion, Zanesville, OH CSA (population: 2.1M+). The site is subject to a ±13.2-year absolute NNN lease with a 5% rent increase every 5 years throughout the term and in each of the twelve 5-year renewal options.
Investment highlights
NNN LEASE WITH RENEWAL OPTIONS
The site is subject to a ±13.2-year absolute NNN lease with a 5% rent increase every 5 years throughout the term and in
each of the twelve 5-year renewal options.
EXCELLENT ACCESS & VISIBILITY
Located approximately 41 miles north of Columbus, Walgreens is located with excellent access and visibility along Delaware
Avenue (13,143 VPD), just feet from its signalized intersection with Barks Road East (10,045 VPD). The site is immediately
adjacent to Speedway and Touchless Express Car Wash, and is directly across Delaware Avenue from Wendy’s and Arby’s.
RETAIL & COMMERCIAL CORRIDOR
In total, there are 3.7 MSF of retail, 4.4 MSF of industrial and 2,142 multi-family units within a 3-mile radius of the site. Major
retailers in the surrounding area include Kroger, Tractor Supply Company, McDonald’s, Taco Bell, Burger King and Family
Dollar, to name a few.
COLUMBUS–MARION–ZANESVILLE, OH CSA
The Columbus-Marion-Zanesville, OH Combined Statistical Area is a metropolitan area in central Ohio, USA. It is comprised
of three distinct areas: the Columbus, OH Metropolitan Statistical Area, the Marion, OH Micropolitan Statistical Area, and
the Zanesville, OH Micropolitan Statistical Area. With a population of approximately 2.1 million people, the CSA is the
32nd largest in the United States. The area serves as a significant economic and cultural hub in the state of Ohio, with
Columbus, the state capital, being the largest city and the center of the CSA.
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