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CVS Pharmacy 711 W Mill St

8,700 SF Retail Building Middletown, IN 47356 $1,695,970 ($195/SF) 11.50% Cap Rate

Drug Stores Indiana Middletown 711 W Mill St, Middletown, IN 47356

Investment Highlights

  • Investment Grade Guaranty
  • Limited Competition
  • Attractive Demographics
  • Absolute Net Lease
  • Access and Visibility
  • Drive-Thru Pharmacy

Executive Summary

Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple interest in a single-tenant CVS Pharmacy located at 711 W. Mill Street in Middletown, Indiana (the “Property”). The Property is 100% occupied by CVS Pharmacy and is subject to an absolute net lease with no Landlord responsibilities. The lease has approximately 7.3 years remaining with options to extend through January 2082. The absolute net lease structure provides for a passive, secure investment with no responsibilities for the Landlord.
In association with: BJ Feller, IN Lic #RB14036515

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
8,700 SF
Building Class
C
Year Built
2006
Price
$1,695,970
Price Per SF
$195
Cap Rate
11.50%
NOI
$195,037
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.94 AC

Amenities

  • Drive Thru

Links

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PROPERTY TAXES

Parcel Number 33-02-32-110-101.000-006 Improvements Assessment $862,900
Land Assessment $51,900 Total Assessment $914,800

PROPERTY TAXES

Parcel Number
33-02-32-110-101.000-006
Land Assessment
$51,900
Improvements Assessment
$862,900
Total Assessment
$914,800
(918) 494-2690

Contact

  • Listing ID: 33851872

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 711 W Mill St, Middletown, IN 47356

More public record information on 711 W Mill St, Middletown, IN 47356

The Retail Property at 711 W Mill St, Middletown, IN 47356 is currently available for sale. Contact Northmarq for more information.

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CVS Pharmacy | 711 W Mill St
(918) 494-2690 x

CVS Pharmacy | 711 W Mill St

Zach Pool

(918) 494-2690

(918) 494-2690

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