Freestanding Retail Building with
For Lease
$12 SF/Yr
25 Bills Boulevard, Martinsville, IN 46151
SINGLE_FAMILY - Martinsville, IN
Space SizeContact for details
Property Size14,525 SF
Lot Size2.13 Acres
Days on Market50
Property Features for 25 Bills Boulevard
General Information
Property type
Residential
Property subtype
Retail
Lot features
City
Directions
Off of I-69 IN Martinsville Take Exit 138. Turn towards Martinsville on S. Ohio Street; Then Take the first left onto Ruth Rusie Ln; Then left onto Bobby Helms Blvd. The Property will be straight ahead. GPS Friendly
Subdivision
Morgan County
Standard status
Active
APN
55-13-09-255-002.000-021
Lot size
2.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S9 T11 R1E W NE 2.134 A LOT 1 WALGREENS MINOR PLAT
Tax Annual Amount
48711
Legal Description
S9 T11 R1E W NE 2.134 A LOT 1 WALGREENS MINOR PLAT
Utilities
Cooling system
Central Air
Building Details
Year built
2003
Flooring type
Tile - Ceramic
Roof type
Rubber
Listing Agency:
FC Tucker/Bloomington REALTORS
(812) 336-7300
Listed By:
Chris Cockerham · License #RB14027897
(812) 340-3083
Added: Jun 16
Changed: Jul 6
Last Checked: Aug 4 at 8:06AM
MLS# 202623574
Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding former Walgreens building offers approximately 14,525 square feet of retail and support space within a 2.13-acre lot. The property is positioned as a flexible option for retailers and service users, with the existing storefront format and dedicated site area designed to support convenient day-to-day operations.
Located at 25 Bills Boulevard in Martinsville, Indiana, the site is presented with convenient access and ample on-site private parking. The listing also highlights strong visibility for passersby, which can help maximize brand awareness and customer reach for an incoming user.
The layout and site amenities make the property a practical fit for a range of users, including retail, medical, office, and service-oriented operations. If you’re looking for a single, freestanding footprint with dedicated parking rather than a shared multi-tenant environment, this former Walgreens location is worth a closer look.
Located at 25 Bills Boulevard in Martinsville, Indiana, the site is presented with convenient access and ample on-site private parking. The listing also highlights strong visibility for passersby, which can help maximize brand awareness and customer reach for an incoming user.
The layout and site amenities make the property a practical fit for a range of users, including retail, medical, office, and service-oriented operations. If you’re looking for a single, freestanding footprint with dedicated parking rather than a shared multi-tenant environment, this former Walgreens location is worth a closer look.
Key Highlights
- 14,525 SF freestanding former Walgreens retail building in Martinsville, Indiana
- Year built 2003
- Central air cooling
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
174k
Monthly Visits Nearby
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Former Walgreens freestanding space with ample private parking, well-suited for retail, medical, office, or service use.
Where is this retail space located?
The property is located at 25 Bills Boulevard Martinsville, IN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 14,525 SF freestanding former Walgreens retail building in Martinsville, Indiana; Year built 2003; Central air cooling
