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Walgreens Pharmacy
5045 N. Main Street
Dayton, OH 45415
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Price: $1,870,000
CAP: 6.10%
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- New Walgreens Pharmacy Small-Format Prototype Store: Personalized Pharmacy Care Geared Towards Health and Wellness and Over-the-Counter Medications - Walgreens Success with Pilot Store Locations and Continued Growth Adding Additional Locations
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Long-Term, NNN Lease with 8.5 Years of Term Remaining, Ideally Located on Oversized 1.62 Acre Lot
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Corporately Backed, Single-Tenant Pharmacy Location with High-Profile, Publicly-Traded Walgreens (NASDAQ: WBA/S&P “BBB-”/Moody’s “Baa2”)
- Low Price Point Deal Compared to a Traditional Walgreens, Ideal for 1031 Buyers
- Near Hard Corner Location of Main Street and Turner/Shoup Mill Road with Over 42,000 Vehicles Per Day Surrounding the Property
- Surrounded by Established Residential Neighborhoods and 4 Schools Offering Ideal Demographics: 148,000+ People and Avg. Household Incomes of Approx. $66,000 Within a 5-Mile Radius
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Minimal Management Responsibilities: Tenant Responsible for All Daily Management, While Landlord is Only Responsible for Roof/Structure (15-Year Transferrable Warranty) on Newly Built 2023 Store with Highly Visible Monument Signage with Excellent Frontage
- Significant Healthcare Industry in Dayton Economy: Hospital Systems Combined Employment of Nearly 32,000 and Yearly Economic Impact of Over $6.8 Billion - Miami Valley Hospital (Part of Premier Health, 5 Miles), Dayton Children’s Hospital (5 Miles) Employs Approximately 3,900 People, Kettering Medical Center/Kettering Health Network (10 Miles) Offers 8 Area Hospitals and Over 120 Outpatient Facilities Serving Southwest Ohio
- Attraction/Destination Location for Major Draw of Visitors and Tourists: Hollywood Gaming at Dayton Raceway (4 miles) Attracts Over 1 Million Annual Visitors, Along with the Wright Brothers, the Dayton Aviation Heritage National Historical Park, and the National Museum of the U.S. Air Force, the World’s Largest and Oldest Military Aviation Museum and the State’s Most-Visited Free Tourist Attraction
- Strong Tenancy: Annual Revenue Stream of Over $144 Billion Through 12,500 Locations Worldwide
- Numerous Dayton Accolades:
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Dayton Development Coalition (DDC) Reports Dayton as Nation’s Top Metro for Economic Development in 2008, 2009, 2012, 2019 and 2021, Runner-Up in 2010, 2011, 2014, 2015, and 2018, and Has Been in the Top 10 for 17 Consecutive Years
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#3 City in the Nation Out of the Top 50 Cities in the United States by HealthGrades for “Excellence in Health Care”
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Ranked by Forbes, U.S. News & World Report, and HealthGrades for Clinical Excellence
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Site Selection Magazine Ranked Dayton the “#1 Medium Sized Metropolitan Area in the U.S. for Economic Development”
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Bloomberg Businessweek Stated Dayton was “One of the Best Places in the U.S. for College Graduates to Find a Job”
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Ranked the “10th Best Metropolitan Area in the United States for Higher Education” by Forbes
- State’s Largest Single-Site Employer: Wright-Patterson Air Force Base (14 Miles) with 25,000 Military and Civilian Employees
- Direct Vicinity of Major Employers & Students: The University of Dayton (10,500+ Students, 3,000+ Employees), Wright State University (17,775+ Students), Kettering College (Approx. 1,000 Students) and Sinclair Community College, the Largest On-Site Community College in the State (10,000+ Students)
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Short Commute to Downtown Dayton (4 Miles), Downtown Cincinnati for Additional Employment and Attractions (50 Miles) and Dayton International Airport Only 6.5 Miles
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Bob Havasi
(216) 562-1981 x10
Dan Cooper
(216) 562-1981 x12
In cooperation with licensed MI broker
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