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CVS Pharmacy 11591 Olio Rd

15,310 SF 100% Leased Retail Building Fishers, IN 46037 $5,960,441 CAD ($389 CAD/SF) 8% Cap Rate

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
$5,960,441 CAD
Price Per SF
$389 CAD
Cap Rate
8%
NOI
$476,851 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 ft on E 116th St

AMENITIES

  • Drive Thru

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

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
  • Listing ID: 33445392

  • Date on Market: 2024-10-08

  • Last Updated:

  • Address: 11591 Olio Rd, Fishers, IN 46037

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