Walgreens

For Sale

3093 Cleveland Ave, Columbus, OH 43224

This Columbus property for sale is located at 3093 Cleveland Ave. The general use of Walgreens is retail and it incorporates 14,490 square feet of class B retail space. Contact the listing broker for details on the current sale price for Walgreens. Walgreens is situated on a lot that is 0.99 acre in size.

Contacts

broker
Mario Giglio III

NAI Farbman

Property Details

  • Property Type Retail - Freestanding
  • Property Size 14,490 SF
  • Units 1
  • Lot Size 0.99 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2002
  • Date Updated Aug 14, 2025
The location is on a prominent corridor with robust traffic and visibility, this offering is ideally situated for future redevelopment. The location could be converted to an auto-related service station / C-Store, Urgent Care, small market, or multi-tenant retail.NAI Farbman is proud to present an exceptional single-tenant retail investment opportunity at 3093 Cleveland Avenue, Columbus, OH. This property is a cash-flowing Walgreens. While Walgreens has vacated this location, the NNN lease is in effect through October 31, 2028, which provides investors with reliable cash flow and minimal landlord responsibilities apart from structural obligations. The building encompasses 14,490 square feet of rentable area, generating a strong annual base rent of $352,000 (or $24.29 per square foot).
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Reach out to the broker for more info on lease terms and amenities

Highlights

  • A user looking for immediate redevelopment could negotiate a discounted lease termination with Walgreens to get control of the building sooner.
  • Hard corner location on Cleveland and Oakland Park Avenues, limited vacancy in this submarket.
  • In place cash-flow gives buyers plenty of time to seek out the right redevelopment and get needed approvals as the end of the Walgreens term nears.
  • Located just 3 miles from the Ohio State University and within dense housing (±154,024 households) and population within 5 mile radius (±365,021residents).
  • Over $1 million in rents remaining in Walgreens lease term.

Getting around

  • 76/100

    Walk Score ®

  • 41/100

    Transit Score ®

  • 50/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Columbus, OH
  • Neighborhood North Linden
  • Zip Code 43224
  • Market Columbus

Points of Interest

  • Sunoco

    0.33 miles

  • Mobil

    0.38 miles

  • Mobil;Mobile

    0.53 miles

  • Gulf

    0.61 miles

  • United Dairy Farmers

    1.06 miles

  • Weber Road Market

    1.33 miles

  • Speedway

    1.47 miles

  • Marathon

    1.66 miles

  • Tesla Supercharger

    4.34 miles

  • Northern Lights Park & Ride

    0.72 miles

  • Truck parking

    0.86 miles

  • Indianola Plaza

    1.90 miles

  • Black Parking Lot

    1.99 miles

  • South Parking Lot

    2.11 miles

  • Brown Parking Lot

    2.15 miles

  • Gold Parking Lot

    2.19 miles

  • Green Parking Lot

    2.25 miles

  • Blue Parking Lot

    2.28 miles

  • Orange Parking Lot

    2.32 miles

  • KFC

    0.07 miles

  • Little Caesars

    0.12 miles

  • Rally's

    0.13 miles

  • Banadir Cuisine

    0.24 miles

  • Ko Sheng

    0.40 miles

  • Pizza Hut

    0.41 miles

  • Subway

    0.43 miles

  • McDonald's

    0.45 miles

  • Burger King

    0.46 miles

  • Captain D's

    0.46 miles

  • Saraga

    0.37 miles

  • Cleveland-Innis Plaza

    0.40 miles

  • Save-A-Lot

    0.55 miles

  • Asia Market

    0.58 miles

  • Sav-U-Mor Food Store

    0.59 miles

  • Shoppers World

    0.61 miles

  • Amos Center

    0.61 miles

  • Cook's IGA

    0.86 miles

  • Weiland's Gourmet Market

    1.92 miles

  • Kroger

    1.98 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 Listing Broker
broker
Mario Giglio III

NAI Farbman

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