CVS Pharmacy Net-Leased
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For Sale
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1700 N WALNUT ST, Hartford City, IN 47348
Single-tenant net lease with two five-year renewal options and a current term through June 2027.
Property Size10,722 SF
Price / SF$202.80
Days on Market4
Property Features for 1700 N WALNUT ST
General Information
Standard status
Active
Size
10,722 SF
Property subtype
Retail
Additional Details
Traffic Count
8,900 vehicles/day
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
The Boulder Group
Listed By:
Randy Blankstein · License #IL 471005983
(847) 562-0003
Source:
Crexi
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 12 at 2:18PM
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
Investment Insights
Based on property information with market context.
This 10,722-square-foot CVS Pharmacy is occupied under a single-tenant net lease, with the current term extending through June 2027 and two additional five-year renewal options. CVS Health Corporation carries a BBB investment-grade rating from Standard & Poor’s, and the pharmacy has operated at the site for nearly 30 years through multiple renewals.
The property fronts North Walnut Street, also designated Indiana State Road 3, with reported traffic of 8,900 vehicles per day. It is immediately adjacent to Needler’s Fresh Market and Save A Lot, identified as Hartford City’s two grocery stores, and is near IU Health Blackford. Hartford City is the county seat of Blackford County, with major employers including the Blackford County School System, BRC Rubber and Plastics, and 3M Company. The site is also identified as the only national retail pharmacy chain location in Blackford County.
The property fronts North Walnut Street, also designated Indiana State Road 3, with reported traffic of 8,900 vehicles per day. It is immediately adjacent to Needler’s Fresh Market and Save A Lot, identified as Hartford City’s two grocery stores, and is near IU Health Blackford. Hartford City is the county seat of Blackford County, with major employers including the Blackford County School System, BRC Rubber and Plastics, and 3M Company. The site is also identified as the only national retail pharmacy chain location in Blackford County.
Key Highlights
- 10,722‑square‑foot CVS Pharmacy building
- Single‑tenant net lease runs through June 2027
- Two five‑year renewal options remain
Property Analytics
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Current Use
Lease Details
8,900 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 47348, IN
9,507
Population
4,541
Households
2.1
Avg Household Size
44
Median Age
15%
College-Educated
90%
High-School Grad
116.3 sq mi
ZIP Area
82
Density / Sq Mi
$44,198
Median Household Income
$33,930
Median Earnings
$626
Median Rent
$98,300
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- AfterGlow Spray Tan Studio — 1760 Independence Pkwy, Hartford City, IN 47348
- CVS Pharmacy — 1700 N Walnut St, Hartford City, IN 47348
- CVS — 1700 N Walnut St, Hartford City, IN 47348
- Brian Smith — 1700 N Walnut St, Hartford City, IN 47348
- IU Health Blackford Pharmacy — 400 Pilgrim Blvd, Hartford City, IN 47348
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant net lease with two five-year renewal options and a current term through June 2027.
Where is this drug store located?
The property is located at 1700 N WALNUT ST Hartford City, IN.
What is the asking price?
The asking price for this property is $2,174,392.
What are key features of this property?
This property features: 10,722‑square‑foot CVS Pharmacy building; Single‑tenant net lease runs through June 2027; Two five‑year renewal options remain
