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29442107
29442108

8989 U.S. Highway 20, New Carlisle, IN 46552

TB
IN RB14037279
Acadia Commercial
Listed by Acadia Commercial
$2,080,000
128 days on market
Updated 38 days ago

CVS - Absolute NNN Investment

Details
APN 46-04-33-276-028.000-050
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 10,296
Units 1
Cap Rate 7.99%
NOI $166,249
Occupancy 100%
Tenancy Single
Brand/Tenant CVS Pharmacy
Lease Type Absolute NNN
Lease Term 25.1
Lease Expiration 01/31/2031
Remaining Term 4.7
Lease Options Yes
Price per SqFt $202
Class B
Year Built 2005
Buildings 1
Acreage 1.300
Parking Spaces spaces
Investment Type Core+
Tenant Credit Credit Rated
Lease Commencement 12/22/2005
Ownership Single
Sale Condition For sale by owner

CVS - Absolute NNN Investment

Marketing description

Introducing an exceptional opportunity for Retail / Retail Pad investors: 8989 E Us Highway 20, New Carlisle, IN. This impressive property features a 10,296 SF building, constructed in 2005 and zoned PUDM, offering 100% occupancy. Strategically located in the thriving New Carlisle area, this single tenant Absolute Triple Net Lease presents a prime investment proposition. Boasting high-traffic exposure and surrounded by well-established retail giants such as Kroger, Walgreens, Discount Tire, and more, this property provides a robust foundation for retail success. Don't miss the chance to become part of the flourishing retail landscape in this rapidly growing Indianapolis suburb.

Investment highlights

  • 10,296 SF building with 100% occupancy

  • Built in 2005, zoned PUDM

  • Prime location in New Carlisle area

  • Strong retail corner with major brands deal traffic count

  • CVS Single tenant Absolute Triple Net Lease

  • Within a growing Indianapolis suburb

Listing Contacts

TB
IN RB14037279
Acadia Commercial
Listed by Acadia Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$166,249.00
$13,854.08/mo

Valuation Metrics

0
DSCR
7.99%
Cap Rate
7.99%
ROI

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Additional Information

Name
Tyler Binkley
License
RB14037279
Brokerage
Acadia Commercial Real Estate
Brokerage Phone
260-377-5002
Title
Managing Broker
Brokerage Address
10355 Dawson's Creek Blvd
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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