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11020 Pendleton Pike 15,012 SF Retail Building Indianapolis, IN 46236 $3,978,372 CAD ($265.01 CAD/SF) 7.02% Cap Rate

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EXECUTIVE SUMMARY

F. C. Tucker, Cockerham Commercial is pleased to exclusively offer For Sale the 15,012 SF Walgreens located at 11020 Pendleton Pike Lawrence, IN. The property is being offered at a 7.01% CAP rate and is in an Opportunity Zone. Property is located directly off HWY 36.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,012 SF
Building Class
B
Year Built
2000
Price
$3,978,372 CAD
Price Per SF
$265.01 CAD
Cap Rate
7.02%
NOI
$279,184 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.90 AC
Parking
50 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
290’ on Pendleton Pike

AMENITIES

  • Drive Thru

NEARBY MAJOR RETAILERS

Kroger
Regions Bank
BMO
Woodforest National Bank
Starbucks
Steak ‘n Shake
Huntington National Bank
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-08-03-115-003.000-407
Land Assessment
$1,027,547 CAD
Improvements Assessment
$814,903 CAD
Total Assessment
$1,842,450 CAD
  • Listing ID: 36244888

  • Date on Market: 2025-06-13

  • Last Updated:

  • Address: 11020 Pendleton Pike, Indianapolis, IN 46236

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