Walgreens Pharmacy

Highlights:

• Double Net Lease | Minimal Landlord Responsibilities
• Corporate Guarantee | 6.2% Revenue Growth for Fiscal Year Ending 8/31/24 Reaching $147.7 Billion
• Seasoned Location within Community | Tenant Recently Exercised Second Option
• Hard Corner Signalized Intersection | Ideal Ingress/Egress Points
• High Volume Traffic Counts: 39,942 VPD+ Combined at Intersection of Cincinnati Dayton Rd and Tylersville Rd
• Strategically Situated Just 2-Miles From Area's Main Hospital, UC Health West Chester (216-Beds)
• Located Just 5 Miles from Regions Largest Employer - GE Aviation
• Strategically Located in the Interstate 75 Corridor, Just 20-Miles from the Metro’s City Center
• Strong In-Fill Location with Both Natural and Residential Barriers to Entry
• Located in Highly Affluent Cincinnati Suburb - Average Household Income Exceeds $160,132 within 5 Miles
• 5-Mile Population Exceeds 142,671 with Anticipated Growth
• 22 Miles to Cincinnati, Ohio | 34 Miles to Dayton, Ohio

Description:

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West Chester Township is one of the thirteen townships of Butler County, Ohio, and is located strategically in the Interstate 75 Corridor of southwest Ohio. It is situated about 18 miles north of Cincinnati and is included in the Cincinnati Metropolitan Area, with a population of over 2.2 million. West Chester is the most populous township in Ohio and is unmatched by any other suburban community in Ohio for economic developmental success.

West Chester Township lies within an oval area geologically known as
the “Cincinnati Arch.” The site is on Cincinnati-Dayton Road, corner facing on a major intersection at Tylersville Road. Cincinnati-Dayton Road is a major thoroughfare connecting Cincinnati to its northern suburbs. It also runs alongside US-75, a major US north-south highway that connects Miami to Canada. Besides Cincinnati, and Miami, US-75 runs through several of America’s largest cities, such as Atlanta and Detroit.

The subject property is just 2 miles from new, state-of-the-art UC Health West Chester Hospital built in 2010. They are known for
their extraordinary level of patient care and satisfaction and received the Patient Safety Excellence Award from Healthgrades in 2021. The companies headquartered in West Chester are predominantly related to the manufacturing industry, with the largest being AK Steel, which employs over 9,200 and boats an annual revenue of $6.1 billion.

Cincinnati is home to two major sports teams, the Cincinnati Reds, the oldest franchise in Major League Baseball, and the Cincinnati Bengals of the National Football League. The University of Cincinnati, founded in 1819, is one of the largest in the United States, with a student body of almost 50,000. The city’s many colleges, universities and vocational schools produce a sizable talent pool through targeted programs that supplement the region’s industries with skilled workers. More than 1 million students are enrolled at the roughly 300 colleges and universities within a 200-mile radius of Cincinnati.

Cincinnati is known for its historic architecture. In the late 1800s, Cincinnati was commonly referred to as the “Paris of America”.
Cincinnati is home to a diverse and talented workforce that powers the city’s economic engine. Cincinnati is home to numerous, major
business headquarters, including Procter & Gamble (95,000 employees and $66.8 billion in revenue) and Kroger (443,000 employees and $121.2 billion in revenue). With more than 1.56 million workers living within 50 miles of downtown Cincinnati, employers have access to an abundance of talent to help their businesses grow and prosper.