The Boulder Group has completed the sale of a single tenant net leased Walgreens property located at 4755 West Broad Street in Columbus, Ohio for $7,713,700.
The 14,820 square foot property is positioned along Broad Street in Columbus. Broad Street is a heavily trafficked east-west thoroughfare with traffic counts in excess of 38,000 vehicles per day and has a full interchange with Interstate 270 less than one-quarter mile from the property.
The recently completed $400 million Hollywood Casino is located approximately one mile from the property. Retailers located in the surrounding trade area include Kohl’s, Target, Home Depot, Hobby Lobby and hhgregg. The building was constructed in 2009 and is located on a 2.05 acre parcel.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction; a Midwest based private partnership. The purchaser was a real estate investment and property management company based in Ohio.
