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3390 Elm Rd
Warren, OH 44483 Warren/Niles

$2,938,000 USD

Drugstore For Sale  •  11,458 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 11,458 SF
  • Lot Size 0.73 AC
  • Building Class B
  • Year Built 1982
  • Tenancy Single
0 Transit Score
40 Walk Score

Highlights

Long-term lease with Walgreens, expiring August 31, 2035, backed by a corporate guarantee.
Absolute NNN lease with zero landlord responsibilities, creating a truly passive income stream.
Strategic hard-corner location at Elm Road and North River Road with 29,119 average daily traffic count.
Freestanding 14,470 SF building with drive-thru and ample parking on a 1.53-acre parcel.
Established retail trade area supported by national brands, strong regional access, and dense residential neighborhoods.
Built-in rent escalation of 5% every fifth year during base term and options, offering long-term income growth.

Property Flyers

Amenities

  • Signalized Intersection
  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes
Matthew May 323-620-9845 May Realty Advisors
Matthew May 323-620-9845 May Realty Advisors