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Walgreens 25 Bills Blvd 14,525 SF Retail Building Martinsville, IN 46151 $2,700,000 ($185.89/SF)
Executive Summary
F. C. Tucker, Cockerham Commercial is pleased to exclusively offer For Sale the 14,525 SF Walgreens located at 1900 S Ohio Street in Martinsville, IN. Current lease is an Absolute Net with an Expiration date September 2028. The property is being offered at a 11.43% CAP rate and is in an Opportunity Zone. Property is located directly off HWY I-69. 20 minutes north to Indianapolis and 20 minutes south to Bloomington. NOTE-Former address was 1900 S Ohio St. Martinsville, IN
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,525 SF
Building Class
C
Year Built
2003
Price
$2,700,000
Price Per SF
$185.89
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.13 AC
Opportunity Zone
Yes
Zoning
General Business
Parking
65 Spaces (4.48 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 55-13-09-255-002.000-021 | Improvements Assessment | $1,898,400 |
| Land Assessment | $1,177,300 | Total Assessment | $3,075,700 |
Property Taxes
Parcel Number
55-13-09-255-002.000-021
Land Assessment
$1,177,300
Improvements Assessment
$1,898,400
Total Assessment
$3,075,700
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Walgreens | 25 Bills Blvd
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