711 W Mill St - Drug Store FOR SALE


Middletown, IN 47356
$1,695,970 USD
918-794-9713
711 W Mill St, Middletown, IN for Sale
$1,695,970 USD
Drug Store - FOR SALE
1/3
null | 11.5% Cap Rate

711 W Mill St
Middletown, IN 47356


HIGHLIGHTS

  • Investment Grade Guaranty
  • Absolute Net Lease
  • Limited Competition
  • Access and Visibility
  • Attractive Demographics
  • Drive-Thru Pharmacy

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple interest in a single-tenant CVS Pharmacy located at 711 W. Mill Street in Middletown, Indiana (the “Property”). The Property is 100% occupied by CVS Pharmacy and is subject to an absolute net lease with no Landlord responsibilities. The lease has approximately 7.3 years remaining with options to extend through January 2082. The absolute net lease structure provides for a passive, secure investment with no responsibilities for the Landlord. In association with: BJ Feller, IN Lic #RB14036515

FOR SALE DETAILS

PRICE

$1,695,970 USD

PRICE/SF

$195 USD /SF

CAP RATE

11.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

-

APN/PARCEL ID

33-02-32-110-101.000-006

ASK ABOUT THIS PROPERTY

Zach PoolNorthmarqMore Info
918-794-9713

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Zach PoolNorthmarqMore Info
918-794-9713

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.