For Sale
$4,046,243

403 South Main Street Bryan, OH 43506

Established Walgreens in Downtown Bryan, OH

Overview

Added:
Jan 27
Days on market:
90
This listing presents a unique opportunity to acquire a well-established Walgreens property located at 403 South Main Street, Bryan, Ohio, 43506. This 14,820 square foot building sits on a 1.93-acre lot and is currently operating under an absolute triple-net (NNN) lease, meaning zero landlord obligations. The lease is corporately guaranteed by Walgreens (NASDAQ:WBA), providing significant financial security. Beyond the initial lease term, the tenant holds fifty (50) years of options, with twelve-month cancellation rights. This prime location within Downtown Bryan enjoys high visibility, with an estimated 10,987 vehicles passing daily. The property benefits from its proximity to various restaurants and businesses, further enhancing its value and potential for long-term growth. The asking price is $4,046,243. This investment offers a compelling combination of strong tenant occupancy, minimal landlord responsibilities, and a desirable location in a growing community. Bryan, Ohio, established in 1840, boasts a rich history and a diverse economy, supported by several major manufacturers. The city's commitment to preserving its historical character while embracing modern infrastructure makes this a particularly attractive investment prospect. This is an exceptional opportunity for investors seeking a stable, low-maintenance, high-return investment in a well-established retail property.

Highlights

  • Prime Downtown Bryan, OH Walgreens location, 10,987 vehicles daily.
  • NNN lease with zero landlord responsibilities; corporate guarantee.
  • Established Walgreens; 50-year option period with 12-month cancellation.

Property Details for 403 South Main Street

Property type
Retail properties, Investment properties
Square Feet
14,820 SF
Price / Square Foot
$273.03
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
84,071 SF
Units
1
Net Operating Income
$350,000

Location Insight

City
Bryan
County
State
Ohio

FAQs

What type of property is this?
Retail property - Established Walgreens in Downtown Bryan, OH
Where is the retail property located?
The property is located at 403 South Main Street Bryan, OH.
What is the asking price?
The asking price for this property is $4,046,243.
What are key features of this property?
This property features: Prime Downtown Bryan, OH Walgreens location, 10,987 vehicles daily.; NNN lease with zero landlord responsibilities; corporate guarantee.; Established Walgreens; 50-year option period with 12-month cancellation.
How can I contact the broker?
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403 South Main Street
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