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11591 Olio Rd
Fishers, IN 46037

CVS Pharmacy · Retail Property For Sale

Investment Highlights

  • Single Tenant Net Lease Asset
  • 6+ Years Remaining on the Original Lease Term
  • Includes: Minute Clinic, HealthHub, & Drive-Thru Lane
  • Absolute NNN Lease
  • Rent Decrease in Option Period Almost Guarantees Renewal
  • Situated in Affluent Hamilton County adjacent to Geist Reservoir

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,310 SF
Building Class
B
Year Built
2005
Price
£3,261,078
Price Per SF
£213
Net Initial Yield
8%
NOI
£260,895
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.21
Lot Size
1.67 AC
Zoning
C3, Indianapolis
Parking
50 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
326 ft on E 116th St

Amenities

  • Drive Thru

PROPERTY TAXES

Parcel Number 29-15-01-021-004.000-020 Improvements Assessment £700,738
Land Assessment £1,264,652 Total Assessment £1,965,390

PROPERTY TAXES

Parcel Number
29-15-01-021-004.000-020
Land Assessment
£1,264,652
Improvements Assessment
£700,738
Total Assessment
£1,965,390
 

  • Listing ID: 33445392

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 11591 Olio Rd, Fishers, IN 46037

The Retail Property at 11591 Olio Rd, Fishers, IN 46037 is currently available for sale. Contact Riser Retail Group for more information.

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