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Established Retail Property in Delphi
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505 W Main St, Delphi, IN 46923

Long-term tenant, strong sales, prime location in Delphi, Indiana.

Property Size10,722 SF
Price / SF$279.80
Days on Market1689

Property Features for 505 W Main St

General Information

Standard status Active
Size 10,722 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $150,000

Building Details

Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Heights Properties NYC
Listed By: JJ Katz · License #NY 37KA0902779
Source: Crexi
Added: Jan 7, 2022 Changed: Aug 17 Last Checked: Aug 23 at 12:01PM

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 Heights Properties NYC

Investment Insights

Based on property information with market context.

This retail property, currently occupied by a CVS/pharmacy, is located on a major commercial thoroughfare in Delphi, Indiana. The tenant has been operating at this location for over 19 years and demonstrates strong store sales. The property is 10,722 square feet. The surrounding area features a variety of retailers, including Dollar General, McDonald's, Subway, and Dairy Queen. This CVS/pharmacy is the only national drugstore within a 12-mile radius, serving the population of Delphi. The landlord is responsible for the roof and structure.

Key Highlights

  • Only national drugstore within a 12‑mile radius.
  • Tenant has operated at this site for over 19 years.
  • Strong store sales.

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy CDReload - Online Bitcoin ... Crypto Atm Buy Bitcoin Crypto Atm CDReload Instant Bitcoin Crypto Atm

Suggested Use

Top Pick Parking Lot & Garage Bakery Dental Office (Bike/Boat/Book/etc) Store HVAC Service Storage Facility

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

346
Businesses Nearby
26k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 71% Shops & Services 29%
McDonald's Dining
18,276 visits/mo 0.5 miles
Shell Shops & Services
4,064 visits/mo 0.4 miles
Regions Bank Shops & Services
1,632 visits/mo 0.2 miles
Phillips 66 Shops & Services
1,007 visits/mo 0.4 miles
Sunoco Shops & Services
663 visits/mo 0.4 miles

Demographics for 46923, IN

8,162
Population
3,681
Households
2.2
Avg Household Size
42
Median Age
12%
College-Educated
90%
High-School Grad
134.9 sq mi
ZIP Area
61
Density / Sq Mi
$61,088
Median Household Income
$43,823
Median Earnings
$924
Median Rent
$157,600
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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Similar Off Market Nearby

  • CVS 505 W Main St, Delphi, IN 46923
  • rollngo 404 W Main St, Delphi, IN 46923
  • CVS Pharmacy 505 W Main St, Delphi, IN 46923
  • Courtney Crilow 505 W Main St, Delphi, IN 469231441

Frequently Asked Questions

What type of property is this?
Drug store - Long-term tenant, strong sales, prime location in Delphi, Indiana.
Where is this drug store located?
The property is located at 505 W Main St Delphi, IN.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Only national drugstore within a 12‑mile radius.; Tenant has operated at this site for over 19 years.; Strong store sales.
More about this property
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