14,560 SF | Retail | 8.00% CAP

For Sale

1425 N 21st St, Newark, OH 43055

This Newark property for sale is located at 1425 N 21st St. The current listed sale price for 14,560 SF | Retail | 8.00% CAP is $3,725,000. 14,560 SF | Retail | 8.00% CAP is situated on a lot that is 1.51 square feet in size.

Contacts

broker

Peter Block

broker

Christian Pera

broker

Grant Chaney

Property Details

  • Property Type Other
  • Lot Size 1.51 SF
  • Additional Rent Contact for pricing
  • Date Updated Nov 21, 2024

Colliers is pleased to offer the opportunity to purchase a long-term Walgreens pharmacy in an irreplaceable location 40 minutes from Columbus, OH at 1425 N 21st Street. The site is at a lighted hard corner intersection that sees more than 30,000 cars per day.

The tenant has been in possession of the building since 2003. The location is on the main retail corner at a lighted intersection and immediately adjacent to a Walmart. Other nearby neighbors include, Kohl’s, Kroger, McDonalds, AutoZone, Panda Express, Taco Bell, Starbucks, Wendy’s and the Ohio State University.

The property is offered at $3,725,000 which translates to a 8.00% cap rate.

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Attachments

Getting around

  • 66/100

    Walk Score ®

  • 47/100

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Location

  • City Newark, OH
  • Zip Code 43055
  • Market Columbus

Points of Interest

  • Murphy USA

    0.09 miles

  • Speedway

    0.27 miles

  • Turkey Hill

    0.52 miles

  • BP

    0.52 miles

  • Duchess

    0.97 miles

  • GetGo

    3.70 miles

  • Courtyard Newark Granville

    2.14 miles

  • University Inn

    2.28 miles

  • DoubleTree by Hilton

    2.34 miles

  • Cherry Valley Hotel, BW Premier Collection

    3.51 miles

  • Hampton

    4.39 miles

  • Super 8 by Wyndham Heath/Newark

    4.81 miles

  • Granville Inn

    4.82 miles

  • Buxton Inn

    4.85 miles

  • Best Western Lakewood Inn

    9.16 miles

  • Walmart Supercenter

    0.14 miles

  • ALDI

    0.23 miles

  • Kohl's

    0.48 miles

  • Kroger

    0.50 miles

  • Giant Eagle

    3.41 miles

  • Big Lots

    3.57 miles

  • Sears

    3.94 miles

  • Target

    3.97 miles

  • Indian Mound Mall

    3.97 miles

  • JCPenney

    3.99 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 14,560 SF | Retail | 8.00% CAP