Drug Store

Martinsville, IN Drug Stores for Lease

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Freestanding Retail Space
Updated: Jun 16
Freestanding Retail Space

25 Bills Boulevard, Martinsville, IN 46151

$12 SF/Yr
2.13 AC lot
Former Walgreens retail building on 2.13 acres
Freestanding commercial building constructed in 2003
Private on‑site parking
Central air conditioning and ceramic tile flooring
Rubber roof
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Martinsville Walgreens For Sale
Updated: Nov 24, 2025
Martinsville Walgreens For Sale

25 Bills Boulevard, Martinsville, IN 46151

$12 SF/Yr
14,525 sqft
Leased to Walgreens (14,525 SF)
Absolute Net Lease
11.43% CAP Rate**
Located in an Opportunity Zone
Direct Access off HWY I‑69
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Martinsville, IN, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 2 Properties for Sales.

Drug stores for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Corner Drug Store Property
Corner Drug Store Property

9148 S Commercial Ave, Chicago, IL 60617

Contact for pricing
15,120 sqft 1.16 AC lot

Lease opportunity with a flexible retail layout, substantial parking, and direct access to major transportation routes.

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Former Neighborhood Market Retail Space
Former Neighborhood Market Retail Space

2551 West Cermak Road, Chicago, IL 60608

Contact for pricing
37,504 sqft

Former Walmart Neighborhood Market available in Cermak Plaza, zoned PD 321 and located along CTA bus route 21.

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Former CVS Stand-Alone Retail Space
Former CVS Stand-Alone Retail Space

5110 E. 38th St., Indianapolis, IN 46218

Contact for pricing

Stand-alone retail space available for sublease in busy location.

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Grocery-Anchored Retail Center
Grocery-Anchored Retail Center

4401 Linwood Ct, Indianapolis, IN 46201

Contact for pricing
7,573 sqft 2.08 AC lot

Inline retail space available in a Kroger-anchored center with established co-tenants and strong nearby population density.

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Similar Spaces for Sale in Martinsville, IN

Consider Similar Space for Sale. We found 2 Spaces matching your search parameters.

Walgreens Drug Store
Walgreens Drug Store

25 Bills Boulevard, Martinsville, IN 46151

$2,700,000
14,525 sqft

Walgreens-branded drug store with direct access to I-69 and a 2003 construction date.

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Walgreens Drug Store
Walgreens Drug Store

25 Bills Boulevard, Martinsville, IN 46151

$2,700,000
14,525 sqft 2.12 AC lot

Single-story retail property with central air and ceramic tile flooring in an Opportunity Zone.

View details

Martinsville, IN Drug stores Lease Rates & Market Statistics

Browse 2 Drug stores for lease in Martinsville, IN on Realmo, a commercial real estate marketplace serving the Martinsville area. The current inventory totals 14,525 square feet of properties.

Drug stores lease rates in Martinsville range from $12 SF/Yr at the entry level to $12 SF/Yr at the top of the market, averaging $12 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $12 SF/Yr is in line with the Indiana state average.

Martinsville accounts for 100% of the 2 drug stores currently available across Morgan County. Drug stores are one of the more limited space types in Martinsville, with just 2 listings currently available — a scarcity worth factoring into lease negotiations.

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