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CVS Pharmacy

$3,930,140

60 N Stygler Rd, Columbus, OH 43230

Active
Last Updated: 11/10/2025

6.9

Cap Rate

271,180

NOI

Details:
Cap Rate:    6.9%
NOI:    $271,180
Building Size:    11,180 sqft
Lot Area:    1.4 acres
Class:    C
Year Built:    1995
Floors:    1
Highlights:
  • Long-Term Commitment to the Site: Tenant has over 27 years at this location
  • High-Visibility Corner Location: Positioned at the signalized intersection of Agler Road and North Stygler Road
  • Strong Traffic Exposure: Prominent frontage and signage along Agler Road and North Stygler Road, with combined daily traffic counts exceeding 28,623 vehicles
  • New Roof Installed in 2022
  • Solid Demographics: 9,059 people within a 1 mile radius | 59,983 people within 3 mile radius
  • Strong Household Income: Average household income is $102,991 within a 1 mile radius
  • Dominant Retail Corridor – Surrounded by national tenants including Little Caesars, Advance Auto Parts, AutoZone, Dollar Tree, O'Reilly Auto Parts, Tim Hortons, McDonald's, Family Dollar, and others, driving consistent cross-shopping and consumer traffic
Description:

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Gahanna is a thriving suburban city located in Franklin County, Ohio, approximately eight miles northeast of downtown Columbus. As part of the fast-growing Columbus metropolitan area, Gahanna benefits from its proximity to major employment centers, diverse industries, and a strong regional economy. The city has a population of roughly 35,000 and spans 12.6 square miles, offering an ideal mix of residential neighborhoods, retail corridors, and commercial development.

Positioned near Interstates 270 and 670, Gahanna provides convenient access to downtown Columbus and John Glenn Columbus International Airport, located just minutes away. This prime location has helped attract a range of employers and businesses, particularly in logistics, retail, and professional services. The broader Columbus metro area is home to major corporations such as Nationwide Insurance, Cardinal Health, and The Ohio State University, supporting consistent regional growth and stability.

Gahanna’s Creekside District serves as the city’s signature destination, combining office space, retail, dining, and residential developments in a walkable, riverfront setting. The area has become a hub for local commerce and community events, driving visitor traffic and reinforcing Gahanna’s reputation as one of central Ohio’s most desirable suburban markets. Continued investment in infrastructure, parks, and mixed-use projects ensures steady economic momentum and long-term appeal for both residents and investors.

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