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Freestanding For Sale • 17,500 SF
| COMMITMENT TO LOCATION – Recent lease extension providing 10 years of guaranteed term showing long term commitment to the location from Walgreens |
| -PNC has also exercised a 5 year option early, showing both tenants long term commitment to the location. |
| BELOW MARKET RENT – Walgreen’s is paying ±$168,500/year, PNC is paying $43,200/year. Both are significantly below average for each respective chain |
| EXTREMELY WELL LOCATED REAL ESTATE – The ±2 AC parcel sits on the hard corner of Navarra Road/Route 2 and Wheeling Street which sees ±21,200 VPD |
| PASSIVE CREDIT TENANT INVESTMENT – The property provides a passive investment for an owner, with minimal LL responsibilities and 2 income streams from |
| CLOSE PROXIMITY TO HIGHWAY – The asset is located near the I-280 & I-80/ 90 Ohio Turnpike interchange |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| PNC Bank | ||
| Walgreens |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 7 min | - | 3.7 mi | |
| Airport | Drive | Walk | Distance |
| Eugene F Kranz Toledo Express | 38 min | - | 21.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 45 |
| Type: | Surface |
| Included in Rent: | Yes |
