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CVS 8989 E Us Highway 20

10,296 SF Retail Building New Carlisle, IN 46552 £1,641,120 (£159/SF) 7.99% Net Initial Yield

Investment Highlights

  • Single Tenant Net Lease Asset
  • No Landlord Responsibilities
  • Rent Decrease in Option Period Almost Guarantees Renewal
  • Absolute NNN Lease
  • 6+ Years Remaining on the Original Lease
  • Location Includes: Drive-Thru Lane

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,296 SF
Building Class
C
Year Built
2005
Price
£1,641,120
Price Per SF
£159
Net Initial Yield
7.99%
NOI
£131,170
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Land Acres
1.30 AC
Zoning
C - Commercial
Parking
52 Spaces (5.05 Spaces per 1,000 SF Leased)
Frontage
416 ft on North 900 East

Amenities

  • Air Conditioning
1 of 1

PROPERTY TAXES

Parcel Number 46-04-33-276-028.000-050 Improvements Assessment £556,245
Land Assessment £40,949 Total Assessment £597,194

PROPERTY TAXES

Parcel Number
46-04-33-276-028.000-050
Land Assessment
£40,949
Improvements Assessment
£556,245
Total Assessment
£597,194
(317) 844-0700 x704

  • Listing ID: 33445323

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 8989 E Us Highway 20, New Carlisle, IN 46552

The Retail Property at 8989 E Us Highway 20, New Carlisle, IN 46552 is currently available For Sale. Contact Riser Retail Group for more information.

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8989 E Us Highway 20, New Carlisle, IN for sale Building Photo- Image 1 of 4
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8989 E Us Highway 20, New Carlisle, IN for sale Building Photo- Image 2 of 4
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© 2024 CoStar Group

CVS | 8989 E Us Highway 20
(317) 844-0700 x 704

CVS | 8989 E Us Highway 20

John Riser

(317) 844-0700

x704

(317) 844-0700 x704

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