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8989 E Us Highway 20
New Carlisle, IN 46552
CVS · Retail Property For Sale
Investment Highlights
- 10,296 SF building with 100% occupancy with absolute NNN Lease
- Prime location in New Carlisle area centrally located in Indiana's Lake Country!
- Built in 2005, zoned PUDM
- Strong retail corner with major brands
Executive Summary
Introducing an exceptional opportunity for Retail / Retail Pad investors: 8989 E Us Highway 20, New Carlisle, IN. This impressive property features a 10,296 SF building, constructed in 2005 and zoned PUDM, offering 100% occupancy. Strategically located in the thriving New Carlisle area, this single tenant Absolute Triple Net Lease presents a prime investment proposition. Boasting high-traffic exposure and surrounded by well-established retail giants such as Kroger, Walgreens, Discount Tire, and more, this property provides a robust foundation for retail success. Don't miss the chance to become part of the flourishing
retail landscape in this rapidly growing Indianapolis suburb.
retail landscape in this rapidly growing Indianapolis suburb.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,296 SF
Building Class
C
Year Built
2005
Price
$2,080,000
Price Per SF
$202.02
Cap Rate
7.99%
NOI
$166,249
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.30 AC
Zoning
C - Commercial
Parking
52 Spaces (5.05 Spaces per 1,000 SF Leased)
Frontage
416’ on North 900 East
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Drive Thru
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 46-04-33-276-028.000-050 | Improvements Assessment | $627,700 |
| Land Assessment | $51,900 | Total Assessment | $679,600 |
Property Taxes
Parcel Number
46-04-33-276-028.000-050
Land Assessment
$51,900
Improvements Assessment
$627,700
Total Assessment
$679,600
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