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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