CVS/Pharmacy
Single-Tenant Offerings
CVS/Pharmacy
717 N 3rd Street
Logansport (North of Indianapolis), IN
- Price:
- $4,358,000
- Cap Rate:
- 6.25%
- NOI:
- $272,363
- Rentable SQFT:
- 10,125 SF
- Year Built:
- 1999/2006
- Lot Size:
- 1.31 +/- Acres
- Lease Type:
- NN
- Status:
- Available
Investment Highlights
- Original Long-Term 25-Year Lease, Approximately 2.5 Years Remaining
- Strong Unit-Level Sales, Year-Over-Year Growth
- Investment Grade Corporate Guaranty (Rated BBB/Stable by S&P), Ranked 4th on Fortune 500
- Largest Pharmacy Chain in Terms of Store Count (Over 9,900) and Prescription Revenue
- CVS Reported $292+ Billion in Revenue for Fiscal Year 2021
- CVS Pharmacy Fills More Than 1.9 Billion Prescriptions Every Year (2.2 Billion in 2021)
- Limited Landlord Responsibilities, Fee Simple Ownership
- Serving Over 38,000 Residents in Established Trade Area
- Strategic Location, Less Than 1 Mile to Logansport Memorial Hospital Serving Cass County and the Surrounding North Central Indiana Area
- Excellent Access and Visibility, Hard Corner Location at Two Signalized Intersections
- Close Proximity to Ivy Tech Community College and Several K-12 Schools
- Strong Daytime Population, Over 14,000 Employees in Primary Trade Area
Registration/Client Login
Lost Password?Not Registered?
In order to view the Marketing Package and join our distribution list, please complete the fields below.