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1380 S Fourth St
Columbus, OH 43207 Merion Village

$582,500 USD

Drugstore For Sale  •  2,570 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 2,570 SF
  • Lot Size 0.23 AC
  • Building Class B
  • Year Built 1972
  • Tenancy Single
  • Zoning C4
38 Transit Score
84 Walk Score

Highlights

Freestanding Giant Eagle Pharmacy in Columbus, OH
5.5 Years Remaining on Double Net Lease
Tenant Recently Exercised their 5-Year Option (with $1/SF Rent Increase) AS-IS with No Negotiating
Substantial Renovations Completed in 2020 when Giant Eagle took Occupancy
$1/SF Rent Increase in Next Option Adds 44 bps to CAP Rate
Walkable & Drivable Neighborhood “Corner Store” Setting; Ample Parking on Parcel

Amenities

  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
John Glenn Columbus International 18 min - 9.7 mi
Rickenbacker International 21 min - 10.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Scott Wiles 216-264-2000 Marcus & Millichap
Scott Wiles 216-264-2000 Marcus & Millichap