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2423 N National Rd
Columbus, IN 47201
Absolute NNN CVS w/ MinuteClinic & Drive-Thru · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
12,398 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.54 AC
Zoning
Commercial - Commercial

AMENITIES

  • Corner Lot
  • Drive Thru

ABOUT 2423 N NATIONAL RD , COLUMBUS, IN 47201

The subject property is a 12,900 square foot CVS located in Columbus, Indiana. CVS signed a 25 year lease which commenced in 2006, leaving approximately 13 years remaining on the tenant's initial lease term. The lease is absolute net providing for zero landlord responsibilities. CVS, which is publicly traded on the New York Stock Exchange under the ticker symbol “CVS”, has a current BBB credit rating by Standard & Poor’s and reported annual revenues in excess of $184 billion in 2017. Located at the intersection of National Road and 25th Street, the subject property is positioned in the heart of the area’s main retail hub adjacent to Columbus Center, a 393,000 square foot retail center anchored by Target, TJ Maxx, OfficeMax, Big Lots, Family Dollar and more. Additionally, CVS is just east of Fairoaks Mall, a 270,000 square foot regional mall anchored by Carson’s, JC Penney, Cummins International and many others. The subject property is also situated less than a mile from the Columbus Regional Health Hospital, a 225 bed facility with over 2,100 employees serving a 10 county region.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-96-17-310-002.800-005
Land Assessment
$536,300
Improvements Assessment
$473,900
Total Assessment
$1,010,200
  • Listing ID: 15154634

  • Date on Market: 2/12/2019

  • Last Updated:

  • Address: 2423 N National Rd, Columbus, IN 47201

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