Your email has been sent.
CVS Pharmacy 717 N 3rd St 10,125 SF Retail Building Logansport, IN 46947 $3,530,075 ($348.65/SF) 6.65% Cap Rate
Investment Highlights
- Investment Grade Credit Tenant
- Low Rent-to-Sales Ratio
- Established Regional Hub
- Longstanding History and Recent Renewal
- Great Visibility & Ease of Access
- Long Remaining Lease Term on Net Lease Structure
Executive Summary
The Property is located in Logansport, Indiana, the largest city and county seat of Cass County. Logansport is centrally positioned between Indianapolis and Chicago, providing convenient access to major Midwest population centers, and serves as the primary commercial and employment hub for the surrounding region. Located less than one mile from the Property, Parkview Logansport Hospital is an 83-bed, full-service medical facility widely recognized for delivering high-quality care to the Cass County region.
In Association With BJ Feller, IN Lic #RB14036515
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Jan 2019
CVS Pharmacy began as Consumer Value Stores in Lowell, Massachusetts in 1963 and introduced pharmacies inside stores a few years later in Cranston, Rhode Island. The business operates as part of CVS Health, a broader health care company that combines retail pharmacy with pharmacy services, mail order, specialty pharmacy, prescription delivery, vaccinations, and clinical support. CVS Pharmacy serves consumers through a wide network of neighborhood pharmacies and offers services tied to medication access, counseling, and wellness needs. Over time, the company expanded from a single store format into a major U.S. pharmacy presence with a national footprint in health care delivery.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Jan 2019 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-17-44-225-021.000-010 | Improvements Assessment | $534,100 |
| Land Assessment | $67,500 | Total Assessment | $601,600 |
Property Taxes
Contact the Sale Advisor
CVS Pharmacy | 717 N 3rd St