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1900 Ohio St Martinsville, IN 46151

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High-Yield Indiana Pharmacy

Property Features for 1900 Ohio St

General Information

Property type
Drug stores

Building Details

Buildings
1

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Listing Contact
Christopher Cockerham
Christopher Cockerham

Listing Agency: FC Tucker/Bloomington, REALTORS Listing Agent: Christopher Cockerham

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a 14,525 square foot Walgreens, situated at 1900 S Ohio St, Martinsville, IN 46151. The property boasts a 100% occupancy rate with a strong franchisee tenant under an absolute NNN lease, ensuring minimal landlord responsibilities. The asking price is $3,450,000, offering a compelling 9.42% capitalization rate. Strategically located directly off Highway I-69, this property benefits from high visibility and convenient access. Its prime location also provides easy access to both Indianapolis (approximately 20 minutes north) and Bloomington (approximately 20 minutes south), ensuring a robust customer base. The single-building property is classified as retail and specifically as a pharmacy/drug store. This is a rare opportunity to acquire a stable, high-yielding investment in a desirable location with a nationally recognized tenant. The property's strong performance and favorable lease terms make it an attractive addition to any investment portfolio. The property is located in Morgan County, Indiana.
Property Profile Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Martinsville
County
Morgan
State
Indiana
Longitude
-86.424219227362
Latitude
39.40838901704

FAQs

What type of property is this?
Drug store - High-Yield Indiana Pharmacy
Where is this drug store located?
The property is located at 1900 Ohio St Martinsville, IN.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: $3,450,000 asking price for a Walgreens retail property.; Absolute NNN lease.; 9.42% cap rate.
(812) 336-7300 Call to check price and availability
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