CVS Pharmacy
Retail Property For Sale
Marketing description
Introducing the CVS PHARMACY located at 1950 Hard Road, Columbus, OH 43235, now available for sale! This prime retail property boasts a long-term tenant commitment spanning nearly 30 years, offering a stable income stream. Positioned at a high-visibility corner location with daily traffic counts exceeding 20,592 vehicles, the property enjoys a strong presence in the community.
With a sale price of $3,123,950 and a solid cap rate of 7.0%, this investment opportunity presents a favorable prospect for investors. The property features a new roof installed in 2021, demonstrating ongoing care and maintenance. Surrounded by national tenants in a dominant retail corridor, the property benefits from consistent consumer traffic and cross-shopping opportunities.
Don't miss out on this chance to own a piece of a thriving retail hub with a reputable tenant like CVS Pharmacy, a key player in the healthcare industry. Contact us for more information and secure your investment in this lucrative property today!
Investment highlights
Long-term commitment to the site with the tenant occupying this location for nearly 30 years
High-Visibility Corner Location: Positioned at the signalized intersection of Hard Road and Smoky Row Road
Strong Traffic Exposure: Prominent frontage and signage along Hard Road and Smoky Row Road, with combined daily traffic counts exceeding 20,592 vehicles
New Roof Installed in 2021
Solid Demographics: 17,817 people within a 1 mile radius | 78,566 people within 3 mile radius
Strong Household Income: Average household income is $86,647 within a 1 mile radius
Dominant Retail Corridor – Surrounded by national tenants including Little Caesars, Subway, Domino's, Dollar General, Tuffy Tire & Auto Service Center, and others, driving consistent cross-shopping and consumer traffic
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