CVS Drug
For Sale
Contact for pricing
100 N Detroit St, Warsaw, IN 46580
Longstanding tenant occupancy is paired with expense reimbursement and direct-payment provisions under the lease.
Property Size10,908 SF
Days on Market143
Property Features for 100 N Detroit St
General Information
Standard status
Active
Size
10,908 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
CBRE - Philadelphia Suburban
(484) 567-2340
Listed By:
Matthew Gorman · License #PA RS287470
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 11:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Philadelphia Suburban
Investment Insights
Based on property information with market context.
The property is a 10,908-square-foot CVS pharmacy at 100 N Detroit St in Warsaw, Indiana. CVS has operated from the site for more than 28 years, providing an established retail presence for the building.
The lease was extended ahead of expiration through 2034 and includes three additional five-year options, with rental increases during the extended term and option periods. Expense provisions require the tenant to reimburse certain costs or pay them directly, limiting the landlord’s expense administration. Half of the roof was replaced in August 2023, and that portion carries a 20-year manufacturer warranty.
The lease was extended ahead of expiration through 2034 and includes three additional five-year options, with rental increases during the extended term and option periods. Expense provisions require the tenant to reimburse certain costs or pay them directly, limiting the landlord’s expense administration. Half of the roof was replaced in August 2023, and that portion carries a 20-year manufacturer warranty.
Key Highlights
- 10,908‑square‑foot CVS pharmacy at 100 N Detroit St, Warsaw, Indiana
- CVS has operated at the property for more than 28 years
- Lease extended through 2034 with 3 x 5‑year options thereafter
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
93k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 47%
McDonald's
Dining
24,588 visits/mo
0.2 miles
BP
Shops & Services
13,638 visits/mo
0.4 miles
Dollar General
Shops & Services
8,495 visits/mo
0.1 miles
KFC
Dining
7,547 visits/mo
0.4 miles
Pizza Hut
Dining
6,857 visits/mo
0.4 miles
Demographics for 46580, IN
22,381
Population
8,873
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
88%
High-School Grad
71.1 sq mi
ZIP Area
315
Density / Sq Mi
$70,978
Median Household Income
$40,231
Median Earnings
$963
Median Rent
$175,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- WarCitys Party Favors — 316 S Union St, Warsaw, IN 46580
- CVS — 100 N Detroit St, Warsaw, IN 46580
- CVS Pharmacy — 100 N Detroit St, Warsaw, IN 46580
Frequently Asked Questions
What type of property is this?
Drug store - Longstanding tenant occupancy is paired with expense reimbursement and direct-payment provisions under the lease.
Where is this drug store located?
The property is located at 100 N Detroit St Warsaw, IN.
What are key features of this property?
This property features: 10,908‑square‑foot CVS pharmacy at 100 N Detroit St, Warsaw, Indiana; CVS has operated at the property for more than 28 years; Lease extended through 2034 with 3 x 5‑year options thereafter
