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Milford, OH - Walgreens (Subleased to Dollar General)

$3,714,000

932 Lila Ave, Day Heights, OH 45150

Active
Last Updated: 01/19/2026

8.75

Cap Rate

325,000

NOI

Details:
Cap Rate:    8.75%
NOI:    $325,000
Building Size:    14,487 sqft
Lot Area:    1.61 acres
Occupancy:    100%
Year Built:    2004
Zoning:    B-3 General Business District
Description:

• The Walgreens is currently subleased to Dollar General and has over 3 years of term remaining
• The asset is located at the signalized, hard corner intersection of Lila Avenue and Mohawk Trail, providing the site with excellent visibility and ease of access
• The site is located less than a mile from the intersection of Interstate 275 and Lila Ave, which combine to average over 86,600 vehicles per day

• The subject property is located in close proximity to Clermont Shopping Center, a Kroger ancored center with other national/credit tenants including T-Mobile, Pizza Hut, Cato Fashions, and Sally Beauty
• Less than two miles from the River’s Edge at Milford shopping center with major tenants including Target, Cinemark, PetSmart, Harbor Freight, Texas Roadhouse, Buffalo Wild Wings, Wendy’s, and many others
• Strong tenant synergy promotes crossover shopping to the subject property

Map:
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