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Triple-Net CVS Storefront
For Sale
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201 South Main Street, New Carlisle, OH 45344

Newly constructed CVS store opened in 2014 and leased on a 25-year triple-net basis.

Property SizeContact for details
Days on Market122

Property Features for 201 South Main Street

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 2014
Tenancy Single
Listing Agency: Thomas Company
Listed By: Jeffrey Thomas · License #WA 116180
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 1:09PM

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 Thomas Company

Investment Insights

Based on property information with market context.

Thomas Company is pleased to offer for sale an unlevered CVS store located in New Carlisle, Ohio. The store was newly constructed and opened for business in 2014. A new 25-year lease was executed in October 2015.

The property is offered free and clear of debt. The store is under a 25-year triple-net lease with no landlord responsibilities and no rent holidays, and it is described as having no landlord obligations under the lease structure.

This is a single-tenant, triple-net retail investment with long-term lease coverage already in place.

Key Highlights

  • Unlevered CVS store in New Carlisle, Ohio, offered free and clear of debt.
  • Newly constructed store opened for business in 2014.
  • 25‑year triple‑net lease in place with no landlord responsibilities and no rent holidays.

Property Analytics

Current Use

CVS Pharmacy CVS Photo (Bike/Boat/Book/etc) Store Park National Bank: ... Bank LibertyX Bitcoin ATM Atm Redbox Cinema

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Barber Shop

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

279
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 81% Dining 19%
Speedway Shops & Services
13,680 visits/mo 0.5 miles
7-Eleven Shops & Services
11,173 visits/mo 0.5 miles
Lee's Famous Recipe Chicken Dining
5,254 visits/mo 0.4 miles
Park National Bank Shops & Services
4,196 visits/mo 0.3 miles
PNC Bank Shops & Services
3,675 visits/mo 0.4 miles

Demographics for 45344, OH

17,042
Population
7,174
Households
2.4
Avg Household Size
41
Median Age
18%
College-Educated
89%
High-School Grad
70.0 sq mi
ZIP Area
243
Density / Sq Mi
$71,627
Median Household Income
$42,084
Median Earnings
$854
Median Rent
$159,600
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
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Frequently Asked Questions

What type of property is this?
NNN property - Newly constructed CVS store opened in 2014 and leased on a 25-year triple-net basis.
Where is this nnn property located?
The property is located at 201 South Main Street New Carlisle, OH.
What are key features of this property?
This property features: Unlevered CVS store in New Carlisle, Ohio, offered free and clear of debt.; Newly constructed store opened for business in 2014.; 25‑year triple‑net lease in place with no landlord responsibilities and no rent holidays.
More about this property
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