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CVS Pharmacy 11591 Olio Rd

15,310 SF 100% Leased Retail Building Fishers, IN 46037 $5,974,848 CAD ($390.26 CAD/SF) 8% Cap Rate

Drug Stores Indiana Fishers 11591 Olio Rd, Fishers, IN 46037

INVESTMENT HIGHLIGHTS

  • Single Tenant Net Lease Asset
  • 6+ Years Remaining on the Original Lease Term
  • Includes: Minute Clinic, HealthHub, & Drive-Thru Lane
  • Absolute NNN Lease
  • Rent Decrease in Option Period Almost Guarantees Renewal
  • Situated in Affluent Hamilton County adjacent to Geist Reservoir

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,310 SF
Building Class
B
Year Built
2005
Price
$5,974,848 CAD
Price Per SF
$390.26 CAD
Cap Rate
8%
NOI
$478,004 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.67 AC
Zoning
C3, Indianapolis
Parking
50 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
326’ on E 116th St

AMENITIES

  • Drive Thru
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NEARBY MAJOR RETAILERS

Pure Barre
Goldfish Swim School
Buffalo Wild Wings
First Merchants Bank
Stretchlab
Orangetheory Fitness
Chase Bank
Huntington National Bank
Starbucks
F45 Training, Inc.

PROPERTY TAXES

Parcel Number 29-15-01-021-004.000-020 Improvements Assessment $1,261,711 CAD
Land Assessment $2,277,065 CAD Total Assessment $3,538,775 CAD

PROPERTY TAXES

Parcel Number
29-15-01-021-004.000-020
Land Assessment
$2,277,065 CAD
Improvements Assessment
$1,261,711 CAD
Total Assessment
$3,538,775 CAD
(317) 844-0700 x704

CONTACT

  • Listing ID: 33445392

  • Date on Market: 2024-10-08

  • Last Updated:

  • Address: 11591 Olio Rd, Fishers, IN 46037

The Fishers/Hawthorn Hills Retail Property at 11591 Olio Rd, Fishers, IN 46037 is currently available. Contact Riser Retail Group for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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CVS Pharmacy | 11591 Olio Rd
(317) 844-0700 x 704

CVS Pharmacy | 11591 Olio Rd

John Riser

(317) 844-0700

x704

(317) 844-0700 x704

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