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CVS 8989 E Us Highway 20 10,296 SF Retail Building New Carlisle, IN 46552 $2,849,600 CAD ($276.77 CAD/SF) 7.99% Cap Rate
Investment Highlights
- 10,296 SF building with 100% occupancy with absolute NNN Lease
- Prime location in New Carlisle area centrally located in Indiana's Lake Country!
- Built in 2005, zoned PUDM
- Strong retail corner with major brands
Executive Summary
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.
retail landscape in this rapidly growing Indianapolis suburb.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,296 SF
Building Class
C
Year Built
2005
Price
$2,849,600 CAD
Price Per SF
$276.77 CAD
Cap Rate
7.99%
NOI
$227,761 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.30 AC
Zoning
C - Commercial
Parking
52 Spaces (5.05 Spaces per 1,000 SF Leased)
Frontage
416’ on North 900 East
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Drive Thru
- Monument Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
CVS Pharmacy began in 1963 as Consumer Value Stores in Lowell, Massachusetts, selling health products. The company expanded into pharmacy services in 1967 and was later acquired by Melville Corporation. Through strategic acquisitions like MinuteClinic and Caremark, CVS grew its healthcare services. The 2018 merger with Aetna made CVS Health a major player in insurance. Today, the company operates pharmacies nationwide, manages pharmacy benefits, and provides health insurance through various subsidiaries.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 46-04-33-276-028.000-050 | Improvements Assessment | $865,391 CAD |
| Land Assessment | $71,553 CAD | Total Assessment | $936,944 CAD |
Property Taxes
Parcel Number
46-04-33-276-028.000-050
Land Assessment
$71,553 CAD
Improvements Assessment
$865,391 CAD
Total Assessment
$936,944 CAD
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CVS | 8989 E Us Highway 20
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