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CVS Single-Tenant NNN Property
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103 S OHIO ST, Culver, IN 46511

Freestanding pharmacy asset with a drive-thru lane and long-term occupancy by CVS.

Property Size7,500 SF
Price / SF$183.70
Days on Market50

Property Features for 103 S OHIO ST

General Information

Standard status Active
Size 7,500 SF
Property subtype Retail

Additional Details

Drive-Thru Yes

Building Details

Year Renovated 2016
Tenancy Single
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Sep 9 Changed: Oct 25 Last Checked: Oct 28 at 7:08AM

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 The Boulder Group

Rey
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Investment Insights

Based on property information with market context.

This single-tenant NNN pharmacy property contains 7,500 square feet and serves as a CVS location in Culver, Indiana. A landlord-funded exterior renovation completed in 2016 introduced a drive-thru pharmacy lane. The current lease extends through January 2032, includes one remaining five-year renewal option, and provides for the next rental escalation in February 2027. CVS Health Corporation holds a BBB investment-grade rating from Standard & Poor’s.

The property occupies the intersection of West Jefferson Street and South Ohio Street in Culver’s historic downtown commercial corridor. Lake Maxinkuckee and Culver Academies are within walking distance, with the school enrolling approximately 840 students and supporting daytime activity in the surrounding area. Ace Hardware and other established businesses also operate along the downtown corridor. The five-mile trade area reports average household income exceeding $90,000.

Key Highlights

  • Single‑tenant CVS pharmacy with 7,500 square feet
  • NNN lease runs through January 2032 with one remaining five‑year renewal option
  • 2016 exterior remodel added a drive‑thru pharmacy lane

Property Analytics

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Open Analytics

Current Use

Drug stores

Suggested Use

Top Pick Auto Repair Shop HVAC Service Grocery & Convenience Store Law Firm (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby

Demographics for 46511, IN

4,008
Population
2,482
Households
1.6
Avg Household Size
49
Median Age
29%
College-Educated
91%
High-School Grad
66.7 sq mi
ZIP Area
60
Density / Sq Mi
$55,469
Median Household Income
$37,196
Median Earnings
$816
Median Rent
$218,900
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
NNN property - Freestanding pharmacy asset with a drive-thru lane and long-term occupancy by CVS.
Where is this nnn property located?
The property is located at 103 S OHIO ST Culver, IN.
What is the asking price?
The asking price for this property is $1,377,777.
What are key features of this property?
This property features: Single‑tenant CVS pharmacy with 7,500 square feet; NNN lease runs through January 2032 with one remaining five‑year renewal option; 2016 exterior remodel added a drive‑thru pharmacy lane
(847) 562-0003 Call to check price and availability
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