1950 State St - Drug Store FOR SALE


New Albany, IN 47150
$6,496,000 USD
516-653-6315
1950 State St, New Albany, IN for Sale
$6,496,000 USD
Drug Store - FOR SALE
1/2
null | 7% Cap Rate

1950 State St
New Albany, IN 47150


HIGHLIGHTS

  • Outparcel to Baptist Health Floyd Hospital as well as the Floyd County Health Department.
  • Baptist Health Floyd has emerged as an outstanding regional healthcare provider, with a well-built team of more than 600 physicians.
  • New Albany, IN is located on the Indiana/Kentucky border and is part of the larger Louisville, KY MSA.

OVERVIEW

Fee Simple NNN CVS Property - 15+ Years of Guaranteed Lease Term Remaining - Rental Increases in each option - Outparcel to Hospital

FOR SALE DETAILS

PRICE

$6,496,000 USD

PRICE/SF

$1,822 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fee Simple NNN CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,066 SF

ZONING

-

APN/PARCEL ID

22-05-03-400-106.000-008

ASK ABOUT THIS PROPERTY

Sam JuddSilber Investment Properties, LTDMore Info
516-653-6315

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Sam JuddSilber Investment Properties, LTDMore Info
516-653-6315

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.