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2419 Nichol Ave
Anderson, IN 46016
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Prototype Store w/ Drive-Thru
  • Very Attractive Occupancy Cost - $16.43 Rent/SFCorporately Guaranteed - S&P Credit Rating "BBB"
  • Minimal Competition - Nearest Drugstore is 4 MilesAway - Double Net Lease Structure
  • Recent Lease Extension | Rent Increases in Option
  • Proven Location - 23+ Year Operating History
  • 2 Miles to Ascension St. Vincent Hospital - Full-ServiceHospital | 3.5 Miles to Community Hospital Anderson

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
10,125 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.81 AC
Zoning
C
Parking
60 Spaces (5.93 Spaces per 1,000 SF Leased)
Frontage
254’ on Nichol Ave

AMENITIES

  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-11-14-202-081.000-003
Land Assessment
$516,900
Improvements Assessment
$801,900
Total Assessment
$1,318,800
  • Listing ID: 23553336

  • Date on Market: 6/30/2021

  • Last Updated:

  • Address: 2419 Nichol Ave, Anderson, IN 46016

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