8989 E Us Highway 20 - Drug Store FOR SALE


New Carlisle, IN 46552
$2,080,000 USD
260-377-5002
8989 E Us Highway 20, New Carlisle, IN for Sale
$2,080,000 USD
Drug Store - FOR SALE
1/9
null | 7.99% Cap Rate

8989 E Us Highway 20
New Carlisle, IN 46552


HIGHLIGHTS

  • 10,296 SF building with 100% occupancy with absolute NNN Lease
  • Built in 2005, zoned PUDM
  • Prime location in New Carlisle area centrally located in Indiana's Lake Country!
  • Strong retail corner with major brands

OVERVIEW

Introducing an exceptional opportunity for Retail / Retail Pad investors: 8989 E Us Highway 20, New Carlisle, IN. This impressive property features a 10,296 SF building, constructed in 2005 and zoned PUDM, offering 100% occupancy. Strategically located in the thriving New Carlisle area, this single tenant Absolute Triple Net Lease presents a prime investment proposition. Boasting high-traffic exposure and surrounded by well-established retail giants such as Kroger, Walgreens, Discount Tire, and more, this property provides a robust foundation for retail success. Don't miss the chance to become part of the flourishing retail landscape in this rapidly growing Indianapolis suburb.

FOR SALE DETAILS

PRICE

$2,080,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

7.99%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,541 SF

ZONING

C

APN/PARCEL ID

46-04-33-276-028.000-050

ASK ABOUT THIS PROPERTY

Tyler BinkleyAcadia CommercialMore Info
260-377-5002

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Tyler BinkleyAcadia CommercialMore Info
260-377-5002

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