Offering Memorandum

Investment Sale

Walgreens

1213 N Barron St
Eaton, Ohio

eCode:080i

Sales Price

$3,523,529

NOI

$299,500

Cap Rate

8.50%

Building Size

14,588 SF

Year Built

2008

Zoning

C1-General Commercial

Traffic Count

N Barron St (16,313 CPD)
Lexington Rd (4,577 CPD)

Highlights

  • National Retail Tenant
  • Absolute Net Lease Advntage
  • Resilient Business Model
  • Well-Positioned Site
  • Limited Competition
  • Long-Term Operating History

Radius 1 Mile 3 Mile 5 Mile
Population Density 5,445 9,802 12,566
Household Income $74,569 $80,583 $84,124
Daytime Pop 5,127 7,582 7,771

SIMILAR PROPERTIES

Single-Tenant
3980 Rivertown Parkway SW
Grandville, Michigan

$3,764,705 | 4,000 SF
Single-Tenant
1007 Memorial Rd
Houghton, Michigan

$4,117,647 | 14,550 SF
Multi-Tenant
3005 Boardwalk Dr
Ann Arbor, Michigan

$5,500,000 | 45,390 SF
Single-Tenant
17115-17117 N. Laurel Park Dr
Livonia, Michigan

Cooper’s Hawk Winery & Restaurant: $4,500,000
The Capital Grille: $5,800,000 | Cooper’s Hawk Winery & Restaurant: 11,046 SF
The Capital Grille: 9,079 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement