Walgreens Sub-Lease | OH, Cincinnati
For Sale
Walgreens Sub-Lease | OH, Cincinnati
Asking Price: $5,400,000
| Cap Rate: 8%
- Net Operating Income: $433,517
- Weighted Avg. Lease Term (WALT): 7 Years
- Lease Type: Absolute Net
Property Highlights
- Sub-lease to Dollar General, backed by a corporate guarantee
- Absolute net lease with no landlord responsibilities
- Hard corner visibility with multiple access points along Harrison Ave., Temple Ave., and Verdin Ave.
- +/- 1.5 acre parcel on a signalized intersection and a prime redevelopment opportunity