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8405 Southeastern Avenue - CVS Pharmacy, Indianapolis, IN

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8405 Southeastern Avenue - CVS Pharmacy

Indianapolis, IN 46239 - Beech Grove/SE County Submarket

Property Type:Retail Sub Type:Drug Store Status:Existing Year Built:2003
Building Size:13,013 SF Land Area:2.67 AC (116,305 SF)
For Sale Price:$3,272,000 Price/SF:$251.44
Cap Rate:7.15 %
Parking:Free Surface spaces are available; Ratio of 6.25/1,000 SF
Features:Drive Thru

Sale Notes:

Stan Johnson Company is pleased to offer for sale to qualified investors a CVS Pharmacy located in Indianapolis, IN. The subject property is fully leased to and guaranteed by CVS Health Corporation (NYSE: CVS). The lease features a 25 year base term with just under 13 years remaining and 10 renewal options at 5 years each.

For the twelve month period ended December 31, 2015, CVS Health Corporation had total revenue of $153.29 billion, net income of $5.23 billion and a net worth in excess of $37.19 billion. CVS currently holds a Standard & Poor' s credit rating of BBB+/Stable.

Stan Johnson Company
Zach Harris
(918) 494-2690

Brad J Pepin
(918) 494-2690

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