110 W Market St - Drug Store FOR SALE
Crawfordsville, IN 47933 |
110 W Market St
Crawfordsville, IN 47933
HIGHLIGHTS
- STABLE INCOME - Income guaranteed by Walgreens corporation with nearly 8,900 locations.
- ABSOLUTE NET LEASE NO LANDLORD RESPONSIBILITIES - Absolute net with 6.75 years of term remaining, 10 (5-yr) options and no landlord responsibilities.
- HISTORY OF SOLID STORE SALES - Walgreens is reporting a history of solid store sales at this location.
- FRANCISCAN HEALTH & WELLBROOKE SENIOR LIVING & REHABILITATION FACILITY – Subject property is approximately two miles south of two medical facilities.
- LIMITED COMPETITION - Strategic Location Across from CVS and No Other Walgreens for 22 Miles.
- INPLACE ASSUMABLE CMBS NON-RECOURSE FINANCING - Existing financing is assumable, debt matures 10/6/26, current balance is $4,200,000 at 4.53% rate.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Walgreens No Competing Store For 22 Miles
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
14259
STORIES
1
YEAR BUILT
2004
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
54-17-32-223-011.000-030
