$1,884,720 USD
214-692-2289
3808 E Washington St
Indianapolis, IN 46201
Near Eastside
HIGHLIGHTS
- Established Long-Term Tenancy – CVS has been operating at this location since 1995, demonstrating strong commitment and stability
- Corporate Guarantee – Backed by CVS corporate, providing a secure and reliable investment.
- Below Market Rent – CVS is paying well below current market rates, offering potential future upside for investors.
- Hard Signalized Corner– Located at the intersection of E Washington Street & Sherman Dr, a major commercial thoroughfare
- Dense Surrounding Population – Positioned in a well-populated area with 3-mile population exceeding 117,169 residents and 5-mile population
- Growing Indianapolis Market – Indianapolis continues to experience economic growth, supporting retail and commercial expansion.
FOR SALE DETAILS
PRICE
$1,884,720 USD
PRICE/SF
$150 USD /SF
CAP RATE
8.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CVS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.03 AC
LAND SF
44,867 SF
ZONING
ZO01
APN/PARCEL ID
49-10-04-134-063.000-101
ASK ABOUT THIS PROPERTY
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214-692-2289
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214-692-2289
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