3415 Clark AveCleveland, OH 44109

For Sale
$5,151,515

Opportunity to purchase a well established Walgreens location in Cleveland, Ohio

Overview

Added:
Jan 24
Days on market:
48
Walgreens location in Cleveland, Ohio. The lease calls for zero landlord obligations and corporately guaranteed by Walgreens. Beyond the initial term, tenant has fifty (50) years of options with 12 month cancellation rights. This Walgreens is well positioned at the signalized intersection of Clark Ave and Fulton Rd with exposure to 9,307 vehicles per day and has excellent ingress & egress points. The site benefits from dense demographics in the area and nearby to the 490/90 interchange with direct access into Downtown Cleveland. Neighboring retailers include Dollar General, Little Caesers Pizza, Burger King, McDonald's, KFC, Family Dollar, Rally's & many more.

Location Description
Cleveland, officially the City of Cleveland, is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. Located in Northeast Ohio along the southern shore of Lake Erie, it is situated across the U.S. maritime border with Canada and lies approximately 60 miles (97 km) west of Pennsylvania. Cleveland ranks as the most populous city on Lake Erie, the second-most populous city in Ohio, and the 54th-most populous city in the U.S. with a 2020 population of 372,624. The city anchors the Cleveland metropolitan area, the 33rd-largest in the U.S. at 2.18 million residents, as well as the larger Cleveland–Akron–Canton combined statistical area, the most populous in Ohio and the 17th-largest in the country with a population of 3.63 million in 2020.

Highlights

  • Absolute NNN Lease Zero Landlord Obligations Corporate Guarantee - NASDAQ:WBA Hard Corner Location with Excellent Ingress & Egress Points Dense Demographics - 128,997 Residents Within a 3-Mile Radius 10 Minutes from Downtown Cleveland Neighboring retailers include Dollar General, Little Caesers Pizza, Burger King, McDonald's, KFC, Family Dollar, Rally's & many more

Property Details for 3415 Clark Ave

Property type
Other retail properties, Individual retail properties
Square Feet
14,820 SF
Price / Square Foot
$347.61
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
63,162 SF
Net Operating Income
$425,000

Location Insight

City
Cleveland
County
State
Ohio

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3415 Clark Ave
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