Search
Walgreens Drug Store, Absolute Net
For Sale
Contact for pricing

110 W Market St, Crawfordsville, IN 47933

Absolute-net retail asset with extended renewal options and no landlord responsibilities.

Property Size14,259 SF
Price / SF$292.21
Days on Market160

Property Features for 110 W Market St

General Information

Standard status Active
Size 14,259 SF
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $375,000

Additional Details

Corner Location Yes

Building Details

Year Built 2004
Tenancy Single
Listing Agency: Pharma Property Group
Listed By: Jason Pongsrikul · License #CA 01918332
Source: Crexi
Added: Mar 25 Changed: Aug 29 Last Checked: Mar 27 at 4:56AM

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 Pharma Property Group

Investment Insights

Based on property information with market context.

This Walgreens drug store is offered with an absolute-net lease structure, leaving no landlord responsibilities under the current arrangement. The primary lease term has 6.75 years remaining, followed by ten 5-year renewal options. The lease income is guaranteed by Walgreens Corporation.

The property occupies a prominent intersection at North Washington Street and West Market Street in Crawfordsville, Indiana. A CVS is located directly across the street, and the two stores are identified as the only national brand drugstores in the city. The nearest Walgreens and CVS locations are both over 22 miles away.

The site is approximately two miles north of Franciscan Health Crawfordsville and Wellbrooke Senior Living. Franciscan Health is a 103 bed hospital with inpatient and outpatient services, 24/7 emergency care, and cancer care, while Wellbrooke provides short-term rehabilitation and therapy services.

Key Highlights

  • Walgreens drug store with 6.75 years of primary lease term remaining
  • Absolute‑net lease with no landlord responsibilities
  • Ten 5‑year renewal options

Property Analytics

Current Use

Walgreens Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store FedEx OnSite Postal Service Adam W. Hoagland, ... Pharmacy Redbox Cinema

Suggested Use

Top Pick Auto Repair Shop Storage Facility Big Box & Wholesale Store Furniture & Home Goods Butcher Florist

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

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47933, IN

28,092
Population
12,254
Households
2.3
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
235.7 sq mi
ZIP Area
119
Density / Sq Mi
$61,968
Median Household Income
$39,343
Median Earnings
$822
Median Rent
$176,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Drug store - Absolute-net retail asset with extended renewal options and no landlord responsibilities.
Where is this drug store located?
The property is located at 110 W Market St Crawfordsville, IN.
What is the asking price?
The asking price for this property is $4,166,666.
What are key features of this property?
This property features: Walgreens drug store with 6.75 years of primary lease term remaining; Absolute‑net lease with no landlord responsibilities; Ten 5‑year renewal options
(888) 737-2264 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message