Walgreens

Highlights:

• Absolute NNN lease with zero landlord responsibilities
• Average return over the next nine years of 7.81%
• Walgreens early extension demonstrates long-term commitment to this location
• Within 0.4 miles of University Hospitals Bedford Campus (197,757 SF)
• University Hospitals ranks as the 3rd-largest hospital system in Ohio with annual revenue exceeding $6.64 billion
• High-performing Walgreens location – inquire with broker for details
• Densely populated Cleveland suburb with 157K+ residents within a 5-mile radius
• Established middle-class community with average household incomes of $70K+ within a 5-mile radius
• Positioned at the signalized intersection of Broadway Ave and W Grace St with combined traffic counts of 20,688 vehicles per day
• Easily accessible with multiple points of ingress/egress and ample on-site parking
• Situated within a retail corridor surrounded by national retailers including Burger King, Dollar General, CVS Pharmacy, Sam’s Club, and Wendy’s

Description:

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Bedford, Ohio is a cozy, historic city in Cuyahoga County and an eastern suburb of Cleveland, home to about 13,149 residents.

The city spans roughly 5.4 square miles, almost all of which is land, contributing to a compact, walkable environment. Bedford includes part of the Bedford Reservation, where Tinker’s Creek cuts a scenic gorge, and the Great Falls of Tinker’s Creek lie within city limits—natural features that enrich the city’s appeal.

Economically, Bedford is home to diverse businesses and major employers. It hosts operations in pharmaceuticals, beauty supplies, specialty manufacturing, and a medical center serving as a key health care provider in the region.

Culturally, Bedford features two main commercial districts: its renowned “Automile,” the largest cluster of new and used auto dealerships in Ohio, which also supports community causes, and a Historic District downtown with preserved architecture dating from the late 1800s and early 1900s.

In education, the Bedford City School District serves students from kindergarten through high school with several schools across the city. The city also supports learning and community programming through its branch of the Cuyahoga County Public Library, which offers youth services, adult education, and literacy resources.

With its blend of natural beauty, historic charm, community-driven commerce, and local institutions, Bedford stands out as a welcoming and thriving community in the greater Cleveland area.

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