CVS | Absolute NNN Lease | 3 Year Rent Holiday
5865 Promenade Shops Noblesville, IN 46060
Price: $8,124,000
Status: Sold
Cap Rate: 6.45%
Year Built: 2009
NOI: $523,984
Lot Size: 2.03 acres
Price Per Foot: 614
Lease Type: Absolute (NNN) Lease
Remaining Term: 12+ Years
GLA: 13225 sqft
Property Intro
Lee & Associates, listed in conjunction with Indiana real estate broker Harding Dahm & Co., dba Lee & Associates (lic# CO89200088), is pleased to exclusively offer for sale the opportunity to acquire the fee simple interest in a CVS Pharmacy investment property located in Noblesville, IN (the “Property”). Constructed in 2009 as a build-to-suit for CVS, the Property consists of a 13,225-square-foot retail building with drive thru lane situated on a 2.03-acre parcel.