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505 W Main St
Delphi, IN 46923
CVS Long Term Net Leased Offering · Retail Property For Sale
PROPERTY FACTS
ABOUT 505 W MAIN ST , DELPHI, IN 46923
This is a rare CVS/Pharmacy net leased offering in Delphi, Indiana. The lease calls for minimal landlord obligations. The landlord shall make all structural repairs to the premises and shall maintain the exterior of the premises including roof, walls, foundation, gutters, down spouts and structural portions. The tenant has four 5 year options with increases of 5% at each option period. The asset is well located on a major commercial thoroughfare with strong traffic counts. The tenant recently extended their lease for an additional 20 years showing commitment to the location. The tenant has operated at this site for over 19 years. This CVS/Pharmacy is the only national drugstore within a 12-mile radius serving the population of Delphi. Delphi is a city in and the county seat of Carroll County, Indiana. Located twenty minutes northeast of Lafayette, it is part of the Lafayette, Indiana Metropolitan Statistical Area.
PROPERTY TAXES
| Parcel Number | 08-06-30-017-039.000-007 | Improvements Assessment | $714,900 |
| Land Assessment | $222,900 | Total Assessment | $937,800 |
PROPERTY TAXES
