Hooters - Dayton, OH
6851 Miller Lane, Dayton, OH, 45414, US
¥362,976,000 | 463 sm
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire Walgreens Pharmacy located at 5501 Mahoning Ave Austintown, OH 44515 (the “Property” or “Asset”). The tenant operates under an absolute NNN lease with approximately 6.5 years of primary term remaining, as well as five, five-year renewal options with zero management responsibility.
This offering presents investors with an exceptional opportunity to acquire an asset providing secure, long-term cash flow, backed by a leading national retailer.
Broker of Record: Jon Vanderplough
OH License #: 2005015674
...
Attributes
Asking price
¥559,237,000
Cap rate
8%
NOI
¥44,742,000
Remaining lease term
6.5 years
Building area net
1,346 sm
Land area gross
0 sm
Year built
2002
Media
Investment highlights
- National tenancy with over 12,500 stores nationwide
- Absolute NNN with zero landlord responsibilities
- Attracts over 386,000 visitors annually ranking it in the top 11% nationwide
- 6.5 years of primary lease term remaining
- Strong retail corridor drawing in 4.3M visitors annually
- 23+ years of operational history at the site
- Prime visibility to 87,000+ vehicles per day
Contact brokers
Walgreens - Austintown, OH (0 Properties)
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Last updated
Jan 28, 2026
