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CVS Absolute NNN Property
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806 W Ohio St, Rockville, IN 47872

Freestanding drugstore leased on an absolute net basis with no landlord responsibilities.

Property SizeContact for details
Days on Market132

Property Features for 806 W Ohio St

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 18,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: Pharma Property Group
Listed By: Jason Pongsrikul · License #CA 01918332
Source: Crexi
Added: Apr 23 Changed: Aug 31 Last Checked: Aug 30 at 7:55PM

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 Pharma Property Group

Investment Insights

Based on property information with market context.

Freestanding CVS drugstore investment at 806 W Ohio St in Rockville, Indiana, backed by an absolute net lease structure that assigns no landlord responsibilities. The lease has approximately 11.5 years remaining and includes six 5-year extension options, with approximately 5% rent increases at each option. CVS Corporate provides the income guarantee and carries an S&P BBB rating under NASDAQ symbol CVS.

The property occupies the intersection of State Route 36 and State Route 41, where traffic is approximately 18,000 vehicles per day. It is positioned in the heart of Rockville, within blocks of downtown and schools. The nearest CVS is 11 miles away, while the nearest Walgreens is over 17 miles away.

The store replaced a prior location that generated $8,000,000 in gross sales, reflecting an established customer base associated with the site.

Key Highlights

  • Approximately 11.5 years of lease term remain
  • Absolute net lease with no landlord responsibilities
  • Six 5‑year extension options with approximately 5% increases at each option

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Hair Salon Plumbing 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.

Lease Details

18,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

340
Businesses Nearby

Demographics for 47872, IN

8,075
Population
3,695
Households
2.2
Avg Household Size
41
Median Age
15%
College-Educated
80%
High-School Grad
169.6 sq mi
ZIP Area
48
Density / Sq Mi
$66,508
Median Household Income
$35,014
Median Earnings
$684
Median Rent
$149,700
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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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding drugstore leased on an absolute net basis with no landlord responsibilities.
Where is this nnn property located?
The property is located at 806 W Ohio St Rockville, IN.
What are key features of this property?
This property features: Approximately 11.5 years of lease term remain; Absolute net lease with no landlord responsibilities; Six 5‑year extension options with approximately 5% increases at each option
(619) 297-0055 Call to check price and availability
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