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CVS Pharmacy 11591 Olio Rd 15,310 SF 100% Leased Retail Building Fishers, IN 46037 $4,140,000 ($270.41/SF)
Investment Highlights
- This Absolute NNN CVS located in Fishers, Indiana, is a rapidly growing Suburb of Indianapolis.
- Strong neighborshood retail corner with Kroger, Walgreens, Discount Tire, Starbucks, Pizza Hut, ACE Hardware.
- CVS is the largest pharmacy in the US, Revenue of $372.8 billion.
- It sits at the signalized, high-traffic intersection of Olio Raod and E. 116th Street- one of the busiest commercial corridors in Fishers market.
- Population of 129,267 within 5 miles radius. Traffic Count of over 40,000 VPD.
- Rent Holiday: 1/10/2028 to 1/31/2031
Executive Summary
This well-positioned CVS Pharmacy sits at a high-visibility, signalized intersection in the heart of Fishers, Indiana—one of the state’s fastest-growing suburban communities. The CVS features a drive-thru pharmacy, a fully operational MinuteClinic, and a modern HealthHub, offering expanded healthcare services to the community. This location combines convenience, accessibility, and tenant strength in a densely populated and economically vibrant area.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,310 SF
Building Class
B
Year Built
2009
Price
$4,140,000
Price Per SF
$270.41
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
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-15-01-021-004.000-020 | Improvements Assessment | $880,500 |
| Land Assessment | $1,605,500 | Total Assessment | $2,486,000 |
Property Taxes
Parcel Number
29-15-01-021-004.000-020
Land Assessment
$1,605,500
Improvements Assessment
$880,500
Total Assessment
$2,486,000
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CVS Pharmacy | 11591 Olio Rd
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