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CVS Oak Street Health

$2,981,270

3100 Cleveland Ave, Columbus, OH 43224

Active
Last Updated: 11/10/2025

7

Cap Rate

208,689

NOI

Details:
Cap Rate:    7%
NOI:    $208,689
Building Size:    11,338 sqft
Lot Area:    1.06 acres
Class:    B
Year Built:    1996
Floors:    1
Highlights:
  • Long-Term Commitment to the Site with the Tenant Occupying this Location for Over 30 Years
  • Healthcare anchored: The site accommodates both CVS Pharmacy and Oak Street Health, combining retail pharmacy with primary care — aligning with evolving healthcare/retail convergence trends.
  • Positioned at the Signalized Intersection of Oakland Park Ave (11,000+ VPD) and Cleveland Ave (21,800+ VPD)
  • Easily Accessible with Multiple Access Points and Ample Parking Spaces
  • New Roof Installed in 2017
  • Situated within a Retail Corridor Surrounded by National Retailers Including McDonald's, Popeye's, Taco Bell, Wendy's, and KFC
  • Solid 1, 3, and 5-Mile Demographics with a Population of Nearly 145,000 within a 3-Mile Radius and a Population of Nearly 370,000 within a 5-Mile Radius
Description:

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Columbus is the capital and most populous city in Ohio. With a population of 905,748 at the 2020 census, it is the 14th-most populous city in the U.S., second-most populous city in the Midwest (after Chicago), and third-most populous U.S. state capital. The Columbus metropolitan area, with an estimated 2.23 million residents, is the largest metropolitan area entirely in Ohio and 32nd-largest metropolitan area in the U.S. Columbus is the county seat of Franklin County; it also extends into Delaware and Fairfield counties.

Columbus has a generally strong and diverse economy based on education, insurance, banking, fashion, defense, aviation, food, logistics, steel, energy, medical research, health care, hospitality, retail and technology. In 2010, it was one of the 10 best big cities in the country, according to Relocate America, a real estate research firm.

The metropolitan area is home to the Battelle Memorial Institute, the world's largest private research and development foundation; Chemical Abstracts Service, the world's largest clearinghouse of chemical information; and the Ohio State University, one of the largest universities in the United States. The Greater Columbus area is further home to the headquarters of Fortune 500 companies Cardinal Health, Nationwide, American Electric Power, Huntington Bancshares and Vertiv. It hosts cultural institutions such as the Columbus Museum of Art, COSI, Franklin Park Conservatory and Ohio Theatre. The city's major league professional sports teams include the Columbus Blue Jackets (NHL) and Columbus Crew (MLS).

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