7930 S Madison Ave
Indianapolis, IN 46227
CVS Pharmacy - Zero Cash Flow · Retail Property For Sale

This CVS property is located at 7930 Madison Avenue in Indianapolis, Indiana. Indianapolis is the capital and most populous city in the state of Indiana. It is part of and the county seat of Marion County. The city is the anchor of the 25th largest economic region in the United States. Surrounding Retail and Points of Interest The subject property is well-positioned in a dense retail corridor benefiting from its close proximity to various national and local tenants. Surrounding retailers include: Walmart, Macy’s, JCPenney, Dick’s Sporting Goods, Best Buy, Lowe’s, Petco, McDonalds, Outback Steakhouse, Walgreens, and McAlister’s among various others. The subject property is located two miles from Community Hospital South, which is a 175 general medical and surgical hospital. There are three schools within three miles of the subject property. The three schools have total enrollment of more than 5,500 students yearly. Traffic Counts and Demographics Indianapolis has a robust population with approximately 85,422 people residing within a three-mile radius of the property and over 200,000 people within a five-mile radius. This CVS property is located on Madison Avenue which experiences average daily traffic counts of 32,816 vehicles. In addition, US 31 South brings in an additional 53,000 vehicles to the immediate area. Indianapolis, Indiana Compared to Indiana as a whole, the Indianapolis metropolitan area has a lower proportion of manufacturing jobs and a higher concentration of jobs in wholesale trade; administrative, support, and waste management; professional, scientific, and technical services; and transportation and warehousing. The city's major exports include pharmaceuticals, motor vehicle parts, medical equipment and supplies, engine and power equipment, and aircraft products and parts. The city's central location and extensive highway and rail infrastructure have positioned Indianapolis as an important logistics center, home to 1,500 distribution firms employing some 100,000 workers. As home to the second largest FedEx Express hub in the world, Indianapolis International Airport ranks as the sixth busiest U.S. airport in terms of air cargo transport, handling over 1 million tons and employing 6,600 in 2016. Indianapolis is a hub for CSX Transportation, home to its division headquarters, an intermodal terminal, and classification yard. The Children's Museum of Indianapolis is the largest of its kind in the world, offering 433,000 square feet of exhibit space. The museum holds a collection of over 120,000 artifacts. Child and Parents magazine have both ranked the museum as the best children's museum in the U.S. The museum is one of the city's most popular attractions, with 1.2 million visitors in 2015.