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Walgreens 25 Bills Blvd 14,525 SF Retail Building Martinsville, IN 46151 $3,739,257 CAD ($257.44 CAD/SF) 11.43% Cap Rate

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EXECUTIVE SUMMARY

F. C. Tucker, Cockerham Commercial is pleased to exclusively offer For Sale the 14,525 SF Walgreens located at 1900 S Ohio Street in Martinsville, IN. Current lease is an Absolute Net with an Expiration date September 2028. The property is being offered at a 11.43% CAP rate and is in an Opportunity Zone. Property is located directly off HWY I-69. 20 minutes north to Indianapolis and 20 minutes south to Bloomington. NOTE-Former address was 1900 S Ohio St. Martinsville, IN

Walgreens (15)

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Drug Store

Building Size

14,525 SF

Building Class

Year Built

2003

Price

$3,739,257 CAD

Price Per SF

$257.44 CAD

Cap Rate

11.43%

NOI

$427,397 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.16

Lot Size

2.13 AC

Opportunity Zone

Yes

Zoning

General Business

Parking

65 Spaces (4.48 Spaces per 1,000 SF Leased)

Frontage

406’ on Bills Blvd

Freeway Visibility

Drive Thru

Retailer
99,999 SF
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Lorem Ipsum
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Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.