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100 N Memorial Dr
New Castle, IN 47362

Walgreens · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
17,210 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
1.13 AC
Parking
51 Spaces
Frontage
202 FT on N Memorial Dr

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

About 100 N Memorial Dr , New Castle, IN 47362

This 25 year NNN lease opened in 2008. At the end of the base term in July of 2033, Walgreens has fifty annual options for a total lease term of 64.5 years. The site is also 15% larger than most Walgreen units boasting a gross square footage of 17,210. The site has been reporting stabilized average annual sales ranging between $1.3-$1.6(Mil). The location also benefits from a drive thru for ease and convenience to its patrons. Sitting at a signalized hard corner with multiple ingress/egress points, the site is a staple in the community.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-12-10-330-119.000-016
Land Assessment
$700,000
Improvements Assessment
$1,200,000
Total Assessment
$1,900,000
  • Listing ID: 14806931

  • Date on Market: 1/8/2019

  • Last Updated:

  • Address: 100 N Memorial Dr, New Castle, IN 47362

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