Walgreens Drug
For Sale
$2,700,000
25 Bills Boulevard, Martinsville, IN 46151
Walgreens-branded drug store with direct access to I-69 and a 2003 construction date.
Property Size14,525 SF
Price / SF$185.89
Days on Market10
Property Features for 25 Bills Boulevard
General Information
Standard status
Active
Size
14,525 SF
Property subtype
Multi-Family
Financials
Cap Rate
11.43%
Opportunity Zone
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
2003
Tenancy
Single
Listing Agency:
FC Tucker/Bloomington REALTORS
Listed By:
Chris Cockerham · License #RB14027897
(812) 340-3083
Source:
Spencerchildersgroup
Added: Sep 10
Changed: Sep 19
Last Checked: Sep 19 at 11:11AM
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 FC Tucker/Bloomington REALTORS
Investment Insights
Based on property information with market context.
This 14,525 SF drug store property is identified as a Walgreens location and was built in 2003. The building is positioned directly off I-69, providing access to the regional interstate network. Martinsville is approximately 20 minutes from Indianapolis to the north and Bloomington to the south. The property is within an Opportunity Zone and is offered for sale at an 11.43% CAP rate.
Key Highlights
- 14,525 SF Walgreens drug store property
- Built in 2003
- Located directly off I‑69
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
174k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 24%
Groceries 19%
Home Improvements & Furnishings 17%
Kroger
Groceries
32,400 visits/mo
0.3 miles
Rural King
Home Improvements & Furnishings
28,439 visits/mo
0.2 miles
Circle K
Shops & Services
28,246 visits/mo
0.2 miles
Culver's
Dining
21,138 visits/mo
0.4 miles
Wendy's
Dining
18,755 visits/mo
0.4 miles
Demographics for 46151, IN
32,335
Population
13,366
Households
2.4
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
203.6 sq mi
ZIP Area
159
Density / Sq Mi
$77,724
Median Household Income
$45,426
Median Earnings
$978
Median Rent
$219,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Walgreens Pharmacy — 25 Bill's Blvd, Martinsville, IN 46151
- Terry Vanwinkle — 1900 S Ohio St, Martinsville, IN 461513322
- Chasity Anderson — 1900 S Ohio St, Martinsville, IN 461513322
- COVID-19 Drive-Thru Testing at Walgreens — 1900 S Ohio St, Martinsville, IN 46151
- Kathryn Resler — 1900 S Ohio St, Martinsville, IN 461513322
Frequently Asked Questions
What type of property is this?
Drug store - Walgreens-branded drug store with direct access to I-69 and a 2003 construction date.
Where is this drug store located?
The property is located at 25 Bills Boulevard Martinsville, IN.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 14,525 SF Walgreens drug store property; Built in 2003; Located directly off I‑69
