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3425 W 16th St
Indianapolis, IN 46222
Former CVS Pharmacy · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Former Freestanding Drugstore with Drive-Thru - 10,722 sq. ft. pharmacy sitting on 1.09 acres with a full drive-thru
  • Extremely Dense Demographics
  • Redevelopment Opportunity
  • High Traffic Counts & Surrounding National Retailers
  • Dual Access Points | The site benefits from its access points on W. 16th St and North Tibbs Ave.
  • Proximity to Indianapolis Motor Speedway

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
10,722 SF
Building Class
B
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.09 AC
Zoning
ZO01
Parking
45 Spaces (4.2 Spaces per 1,000 SF Leased)
Frontage
140’ on W 16th St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-06-32-101-007.000-901
Land Assessment
$156,600
Improvements Assessment
$699,800
Total Assessment
$856,400
  • Listing ID: 20581799

  • Date on Market: 8/10/2020

  • Last Updated:

  • Address: 3425 W 16th St, Indianapolis, IN 46222

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