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Drug Store

CVS Pharmacy | Springboro, IN | Recent Early Extension | 14+ Years Remain

505 W Main St, Delphi, IN 46923

Listing Price: $3,125,000

Tenant Name
CVS Pharmacy
Years Remaining On Lease
14.2
Guarantor
Corporate Guarantee
Rentable SF
10,922
Lease Type
Double Net
Rent Per Square Feet
$13.73

Investment Overview

The Tenant is situated upon a highly visible 1.54-acre parcel with ample frontage along West Main Street. The Property features shared access with the neighboring McDonald’s, and rear access via West Franklin Street. CVS operates in a 10,922-square-foot store with drive-thru adjacent to Dollar General and McDonald’s, and near to Save-A-Lot, USPS, BP, NAPA Auto Parts, Pizza Hut and Dairy Queen.

Investment Highlights

  • Recent early lease extension provides 14+ years of term
  • Replaceable Rental Rate
  • Oly Pharmacy for More than 13 Miles

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Drug Store

CVS Pharmacy | Springboro, IN | Recent Early Extension | 14+ Years Remain

Listing Price: $3,125,000

Tenant Name
CVS Pharmacy
Years Remaining On Lease
14.2
Guarantor
Corporate Guarantee
Rentable SF
10,922
Lease Type
Double Net
Rent Per Square Feet
$13.73

Investment Highlights

  • Recent early lease extension provides 14+ years of term
  • Replaceable Rental Rate
  • Oly Pharmacy for More than 13 Miles

Investment Overview

The Tenant is situated upon a highly visible 1.54-acre parcel with ample frontage along West Main Street. The Property features shared access with the neighboring McDonald’s, and rear access via West Franklin Street. CVS operates in a 10,922-square-foot store with drive-thru adjacent to Dollar General and McDonald’s, and near to Save-A-Lot, USPS, BP, NAPA Auto Parts, Pizza Hut and Dairy Queen.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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