Columbus MSA Walgreens | 5% Incr in Options 2615 Brice Rd Local commercial 1 066 m² À vendre Reynoldsburg, OH 43068 3 064 600 € (2 873,69 €/m²) Taux de capitalisation 10 %

We are pleased to market for sale the Walgreens property located at 2615 Brice Rd, Reynoldsburg, OH 43068 ("The Property"). Walgreens has been operating at the site for 19 years and has over 6 years of firm term remaining before the 12 (5-year) option periods. Walgreens operates on an absolute triple net lease, which provides for no landlord obligations whatsoever.
Directly adjacent to the property, a 50-acre modern campus-style workplace featuring 2 Class A multi-tenant light industrial buildings, one 148,750 square feet and the other 119,000 square feet, is currently proposed. This will add to the already existing 3.8 million square feet of industrial space within 2 miles of the Property, anchored by the JCPenney Logistics Center, which spans over 2 million square feet.
The Property benefits from a high-visibility location, positioned just feet from the ingress/egress to Interstate 70, which sees over 130,000 vehicles per day. Additionally, the Property sits at the signalized hard corner of Brice Rd and Tussing Rd, with a combined 45,000 vehicles per day. Situated 4 miles northeast of the property, John Glenn Columbus International Airport has 9 million annual passengers and recently broke ground on a new terminal, expected to be completed in 2029.
Columbus, Ohio has the 7th largest economy in the United States and had the fastest-growing population of any “big” city in America in 2023, with a 1.1%+ population gain. Much of the recent growth is attributed to Ohio's 0% State Corporate Income or Profits Tax. Major employers are drawn to this business-friendly environment. Fortune 500 companies such as Nationwide Mutual Insurance Company, with over 16,000 employees, and JP Morgan Chase, with more than 19,200 employees in 13 buildings, are some of the region's largest employers.
Listed in conjunction with Brian Brockman, Bang Realty Inc, 513-898-1551, wg@bangrealty.com, OH DRE Lic. BRK.2009000214.