385 Northland Blvd Cincinnati, OH 45240

This exceptional investment opportunity presents a 14,747-square-foot Walgreens, situated on a 2.57-acre lot in Cincinnati, Ohio. The property boasts a strong 6.25% cap rate, generating a net operating income (NOI) of $295,200. Secured by a corporate guarantee, the absolute NNN lease commenced February 23, 2023, and extends for 15 years, with 12 five-year renewal options. The lease includes a favorable 5% rent increase every five years, providing inflation protection. This strategically located Walgreens enjoys high visibility at the signalized intersection of Northland Blvd and Springfield Pike, experiencing over 32,000 vehicles per day. The property benefits from a densely populated submarket, with over 157,000 residents within a five-mile radius and a robust retail trade area including Aldi, Jersey Mike's, PNC Bank, Five Below, and Lowe's. Built in 1991, this 100% occupied property offers a compelling investment with a price per square foot of $320.28 and an asking price of $4,723,200. The remaining lease term is 13.3 years, offering long-term stability and predictable cash flow.