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32798 Walker Rd
Avon Lake, OH 44012

$2,600,000 USD

Drugstore For Sale  •  13,982 SF

Property Details

• Property Type Drugstore
• Total Building Size 14,990 SF
• Lot Size 2.16 AC
• Building Class B
• Year Built 2001
• Tenancy Single
• Zoning C

0 Transit Score

40 Walk Score

Highlights

Corporate-backed Walgreens with drive-thru in a proven14,990 SF location generating $224,595 in annual NOI

Affluent Avon Lake suburb with $115,567 median household income, steady population growth, and active new home construction

Attractive 8.63% cap rate at $2,600,000 — compelling pricing relative to replacement cost and recent comparable Walgreens sales

Tenant pays all taxes, insurance, and maintenance

Through March 31, 2067 with corporate guarantee by Walgreens (Sycamore Partners)

High-visibility NWC of Route 83 & Walker Road with excellent traffic and access

Property Flyers

Walgreens - Avon Lake OH

Amenities

• Pylon Sign
• Signage
• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Cleveland-Hopkins International	28 min	-	15.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	75
Type:	Surface
Included in Rent:	Yes