The subject property is a single-tenant, freestanding CVS located at a four-way signalized hard-corner on Clifty / Hwy 62, a main thoroughfare in Madison, Indianapolis. The subject is an approximate 10,125-square-foot building on an estimated 1.92 acres of land. CVS is leased on a double-net (NN) basis with Landlord responsible for roof and structure. As a testament to CVS' s long-term commitment to this site, CVS just executed a new 10-year lease extension increasing the lease term to 14 years. There are two five-year renewal options with a 10.5 percent rent increase at the beginning of the first five (5) year option period with the same rent for the second five (5) year option period. The Tenant has occupied this site since 1998. CVS/pharmacy, the retail division of CVS Health, is America' s leading retail pharmacy with more than 7,800 CVS/pharmacy and Longs Drugs stores.
This property is in an excellent location in Middletown for retail or a restaurant. It is on a corner lot that is located at Old Shelbyville Road and Evergreen Road. The property offers approximately 416 feet of road frontage. The property is currently zoned R-4, but has been grandfathered as commercial. On the property sits a 900 square foot house, 2,000 square foot open building and a 400 square foot storage building.
This +/- 12 acre property is located just north of Louisville off I-71, Exit 17 at Highway 146 in Crestwood, Kentucky (southwest side). The former use has been a car dealership. There are two buildings, a showroom with offices of +/- 27,200 SF and a collision center of +/- 12,210 SF. The property includes 12 acres which goes up to I-71 for visibility. The parcel size is subject to a final survey. The two buildings are very functional with a total of 26 overhead doors and long bays. The site goes back to I-71 and it could be cleared for more visibility. Co-broker fee is 3%.
This +/- 18 acre property is located just off I-71, Exit 17 at Highway 146 in Crestwood, Kentucky (southwest side). The former use was a car dealership with two buildings, a showroom with offices of +/- 27,200 SF and a collision center of +/- 12,210 SF. The property with the buildings could be sold with 12 acres and a 6 acre tract of vacant land with frontage on Highway 146 could be purchased. The parcels would be subject to a final survey. The buildings are very functional buildings with 26 overhead doors and bays set up to get in and out of the buildings. This 18 acre tract goes back to I-71 which would allow for more visibility from I-71.
This commercial corner on Highway 62 in Madison is prime for redevelopment. Highway traffic and visibility allow for a wide range of uses.
This property is a Neighborhood Shopping Center commonly known as Hardy Business Center, with 12,000 SF of Retail Space. The center was built in 2005. There is currently one unit vacant which is 1,000 square feet. Additional land available next to the center.
28,000 sf Steel building. Clear span (20' eves-30' clear center), 24,000 sf footprint; 4,000 sf finished 2nd floor(office/viewing). Currently operated as an Indoor Sports Arena for Soccer, Lacrosse and Field Hockey with 80yd x 30yd turf floor surrounded by dasher boards. Snackbar; retail space; restrooms; and storage.
We are pleased to present opportunity to acquire this Single Tenant property leased to CVS/pharmacy with 21 Years remaining on the lease. Publicly traded on the NYSE: CVS with over 7,600 locations nationwide and $126 Billion in sales. WE ENCOURAGE ALL OFFERS!!! Listed in conjunction with Archbold Inc. KY # 30047
The primary anchors for Middletown Station is a 242,000 s.f. Wal-Mart Supercenter and a 134,000 s.f. Target thus producing high volumes of traffic. The re-development of Middletown Station is an ongoing process that will continue to establish the center as the premiere location for retailers large and small. The redevelopment has junior anchor, outparcels, and shop space available. Middletown Station is located just off of Interstate 265 (Gene Snyder Freeway) at the intersection of Shelbyville Road and English Station Road. Shelbyville Road is the major artery that runs through the very affluent east end of Louisville, Kentucky.The primary anchors for Middletown Station is a 242,000 s.f. Wal-Mart Supercenter and a 134,000 s.f. Target that opened in October 2009, thus producing high volumes of traffic