11591 Olio Rd | Fishers, IN 46037
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11591 Olio Rd
Fishers, IN 46037
CVS Pharmacy · Retail Property For Sale
Investment Highlights
- Single Tenant Net Lease Asset
- 6+ Years Remaining on the Original Lease Term
- Includes: Minute Clinic, HealthHub, & Drive-Thru Lane
- Absolute NNN Lease
- Rent Decrease in Option Period Almost Guarantees Renewal
- Situated in Affluent Hamilton County adjacent to Geist Reservoir
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,310 SF
Building Class
B
Year Built
2005
Price
$4,140,000
Price Per SF
$270
Cap Rate
8%
NOI
$331,211
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.67 AC
Zoning
C3, Indianapolis
Parking
50 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
PROPERTY TAXES
| Parcel Number | 29-15-01-021-004.000-020 | Improvements Assessment | $889,600 |
| Land Assessment | $1,605,500 | Total Assessment | $2,495,100 |
PROPERTY TAXES
Parcel Number
29-15-01-021-004.000-020
Land Assessment
$1,605,500
Improvements Assessment
$889,600
Total Assessment
$2,495,100
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