Your email has been sent.
CVS Pharmacy 717 N 3rd St 10,125 SF Retail Building Logansport, IN 46947 $4,958,202 CAD ($489.70 CAD/SF) 6.65% Cap Rate
Investment Highlights
- Investment Grade Credit Tenant
- Low Rent-to-Sales Ratio
- Established Regional Hub
- Longstanding History and Recent Renewal
- Great Visibility & Ease of Access
- Long Remaining Lease Term on Net Lease Structure
Executive Summary
The Property is located in Logansport, Indiana, the largest city and county seat of Cass County. Logansport is centrally positioned between Indianapolis and Chicago, providing convenient access to major Midwest population centers, and serves as the primary commercial and employment hub for the surrounding region. Located less than one mile from the Property, Parkview Logansport Hospital is an 83-bed, full-service medical facility widely recognized for delivering high-quality care to the Cass County region.
In Association With BJ Feller, IN Lic #RB14036515
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Jan 2019
CVS Pharmacy began in 1963 as Consumer Value Stores in Lowell, Massachusetts, and the CVS name followed the next year. Pharmacies were added to CVS stores in Cranston, Rhode Island, and the business later became part of CVS Health, which expanded the enterprise into retail pharmacy, prescription benefits, and related health services. CVS Pharmacy operates as a retail pharmacy chain with neighborhood, mail-order, and specialty pharmacy services, plus prescription delivery and savings support. The company sells over-the-counter medicines, beauty products, seasonal merchandise, and convenience foods, and offers in-store and virtual care through MinuteClinic and related services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Jan 2019 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-17-44-225-021.000-010 | Improvements Assessment | $750,175 CAD |
| Land Assessment | $94,808 CAD | Total Assessment | $844,983 CAD |
Property Taxes
Presented by
CVS Pharmacy | 717 N 3rd St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.