301 N Grand Ave - Drug Store FOR SALE
Connersville, IN 47331 |
301 N Grand Ave
Connersville, IN 47331
HIGHLIGHTS
- Absolute NNN with no landlord obligations – providing a passive investment opportunity
- CVS just signed a new 15- year lease showing their long term commitment to this location
- Corporately guaranteed by CVS, the largest pharmacy chain in the U.S. | S&P “BBB+”
- Strategic hard corner location with daily traffic count of more than 17,780 vehicles per day (combined at intersection)
- Connersville serves as the retail and employment hub for the immediate trade area
- Limited competition: +/- 24 miles to nearest Walgreens pharmacy ~ CVS is the dominant local pharmacy
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
CVS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store
TOTAL BUILDING SIZE
13075
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
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
21-05-25-113-007.000-003
