511 E Boonville New Harmony Rd | Evansville, IN 47725
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511 E Boonville New Harmony Rd
Evansville, IN 47725
CVS | Long-Term Lease | NN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Passive Lease Structure – Tenant Responsible for CAM, Taxes, & Insurance
- Located Across Grocery-Anchored Shopping Center-Serves Immediate Area-Brand-New Car Wash Under Construction
- Rare 7% Rental Bumps in Each Option Period & No Rent Holiday
- Signalized, Hard-Corner Intersection
- Long Lease Term Remaining: +/-13 Years Left on Original Lease with Five, Five-Year Options to Renew
- Strong Demographics: Average Household Income in 2 Miles is Approximately $130,000
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,334 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.69 AC
Zoning
C-1 - Commercial
Parking
90 Spaces (6.75 Spaces per 1,000 SF Leased)
Frontage
320’ on East Boonville-New Harmon
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 82-04-17-009-352.001-030 | Improvements Assessment | $830,200 |
| Land Assessment | $734,900 | Total Assessment | $1,565,100 |
PROPERTY TAXES
Parcel Number
82-04-17-009-352.001-030
Land Assessment
$734,900
Improvements Assessment
$830,200
Total Assessment
$1,565,100
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