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Hard Corner Drug Store
For Sale
$200,000

3808 East Washington Street, Indianapolis, IN 46201

For sale drug store property on a hard corner location.

Property SizeContact for details
Days on Market211

Property Features for 3808 East Washington Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Cap Rate 11%

Building Details

Year Built 1997
Listing Agency: Matthews Real Estate Investment Services | Dallas
Listed By: Josh Bishop · License #688810 (TX)
Source: Matthews
Added: Mar 17 Changed: Oct 11 Last Checked: Oct 12 at 4:45PM

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 Matthews Real Estate Investment Services | Dallas

Investment Insights

Based on property information with market context.

This for-sale drug store property is located at 3808 E Washington St in Indianapolis, Indiana. The offering is positioned on a hard corner, providing a prominent retail presence.

According to the provided information, the surrounding area supports a 5-mile population of 262,535 residents. This makes the site a compelling option for operators or investors evaluating retail demand within that radius.

Key Highlights

  • Built in 1997
  • Hard corner location
  • 5‑mile population: 262,535 residents

Property Analytics

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Current Use

CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy Pharmacy CVS Pharmacy Coinhub Bitcoin ATM ... Atm MoneyGram Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Skin Care Clinic Parking Lot & Garage

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

397
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
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Similar Off Market Nearby

  • Sheetal Mistry — 3205 E Washington St, Indianapolis, IN 462014207
  • CVS Pharmacy — 3808 E Washington St, Indianapolis, IN 46201
  • CVS — 3808 E Washington St, Indianapolis, IN 46201
  • Kroger Pharmacy — 4445 E 10th St, Indianapolis, IN 46201
  • Rx Drive-Thru — Indianapolis, IN 46201

Frequently Asked Questions

What type of property is this?
Drug store - For sale drug store property on a hard corner location.
Where is this drug store located?
The property is located at 3808 East Washington Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Built in 1997; Hard corner location; 5‑mile population: 262,535 residents
More about this property
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