Walgreens - Lancaster, OH

The subject property is located at the signalized intersection of Fair Avenue and Memorial Drive. On the opposite corner is a small strip center which is home to a Mattress Factory, Sprint, Little Caesars Pizza, and a Cashland. On the opposite corners is a muffler shop and a pawn broker.

 

Other retailers in the immediate area include Tim Hortons, Aldi, Speedway, Buffalo Wild Wings, Jo-Ann Fabrics, Jiffy Lube, Carnival Foods Grocery Store, Advance Auto Parts, Target, Krogers, Dick's Sporting Goods, Dollar Tree, TJ Maxx, Hobby Lobby, Family Dollar, Fairfield National Bank, and Big Lots.

 

Although there are pharmacies in the vicinity, they are not national, free-standing drug stores; they are part of a grocery store or a small, in-line pharmacy.

 

The subject site is northwest of Fairfield Medical Center located 2.1 miles from the site. The site has many barriers to entry as well, with the immediate area being predominantly single family homes, the outlying areas are peppered with cemeteries, parks, and the Fairfield County Fair Grounds.

Additional Info

  • Address: : 911 North Memorial Drive, Lancaster, OH 43130
  • Price: : $5,641,025
  • Net Rentable Area: : 13,650
  • Lot Size (Acres): : 1.35
  • CAP Rate: : 5.85%
  • Price Per Sqft: : $420.45
  • NOI: : $330,000
  • Year Built: : 2004
  • Status: : Available

What Clients Are Saying                                     
 

"I want to thank for your part in helping us achieve our sale leaseback goals for 2009. We are pleased with the balance you helped us achieve between sales price, rent and overall cap rate. I would not hesitate to recommend you and your firm to other potential clients. Feel free to use me as a reference."
Joe Cirelli/The Pep Boys Manny, Moe & Jack

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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