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11020 Pendleton Pike 15,012 SF Retail Building Indianapolis, IN 46236 $2,850,000 ($189.85/SF) 7.02% Cap Rate
EXECUTIVE SUMMARY
F. C. Tucker, Cockerham Commercial is pleased to exclusively offer For Sale the 15,012 SF Walgreens located at 11020 Pendleton Pike Lawrence, IN. The property is being offered at a 7.01% CAP rate and is in an Opportunity Zone. Property is located directly off HWY 36.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
15,012 SF
Building Class
B
Year Built
2000
Price
$2,850,000
Price Per SF
$189.85
Cap Rate
7.02%
NOI
$200,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.90 AC
Parking
50 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
290’ on Pendleton Pike
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-08-03-115-003.000-407 | Improvements Assessment | $577,900 |
| Land Assessment | $728,700 | Total Assessment | $1,306,600 |
PROPERTY TAXES
Parcel Number
49-08-03-115-003.000-407
Land Assessment
$728,700
Improvements Assessment
$577,900
Total Assessment
$1,306,600
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Contact the Sale Advisor
11020 Pendleton Pike
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