730 IN-32, Westfield, IN

Listing agent Kyle Zimmer

Listing office SRS Industrial - Newport Beach Show Phone

Listing date Dec 30, 2024

Source Moodyscre

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Overview

This offering presents the opportunity to acquire the leasehold interest (building ownership) in an absolute NNN leased CVS Pharmacy investment property located in Westfield, Indiana, part of the Indianapolis MSA. The tenant has approximately 18 years remaining on the lease, with 4 (5-year) options to extend, demonstrating a commitment to the location. The lease structure is absolute NNN, assigning zero landlord responsibilities, making it a management-free investment opportunity. The lease incorporates 7.5% rental increases at the beginning of each option period. The property is 14866 square feet. CVS Pharmacy is a leading retail pharmacy with nearly 10,000 locations across 49 states.

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Jovial Eyes — 227 dena dr c, westfield, in 46074
• NICE-Xtracts CBD Health & Wellness — 17727 Commerce Dr Suite 200/300/400, Westfield, IN 46074
• CVS — 730 IN-32, Westfield, IN 46074
• CVS Pharmacy — 730 IN-32, Westfield, IN 46074

Location Insight

• Map
• Local Demand

City

Westfield

County

Hamilton

State

Indiana

Longitude

-86.0428

Latitude

40.129

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FAQs

What type of property is this?

Drug store - NNN leased CVS Pharmacy in Westfield, Indiana.

Where is this drug store located?

The property is located at 730 IN-32 Westfield, IN.

What is the asking price?

The asking price for this property is $5,950,000.

What are key features of this property?

This property features: Absolute NNN lease offers a management‑free, passive investment.; Approximately 18 years remaining on the lease term demonstrates tenant commitment.; CVS Pharmacy is a leading national retail pharmacy with nearly 10,000 locations.