CVS Pharmacy For Sale

CVS Pharmacy | Muncie, IN

We Are Pleased to Offer the CVS Pharmacy For Sale Located at 425 E Memorial Drive in Muncie, Indiana.


  • CVS (NYSE: CVS) is One of the Three Largest Drugstore Chains in the U.S.; The Industry Leading Retailer Has a Current S&P Credit Rating of BBB+/Stable


  • Landlord is Only Responsible For Roof, Structure and Maintaining the Parking Lot; This Property Has Been Meticulously Maintained By the Landlord and the Tenant, With the Landlord Maintaining the Roof Twice a Year


  • CVS Has Been Operating at This Location Since 1996 and Recently Signed a Brand New 15 Year Lease Extension Demonstrating Commitment to the Site


  • CVS is Paying Well Below Market Rent at This Location, Making the Income Easily Replaceable
  • Property Features Rare Rental Increases During the Option Periods at This Location


  • Over 30,600-43,000 Employees Work Within the 3-Mile and 5-Mile Radius of the Site, Respectively


  • Ball State University, Home to Over 22,000 Students and 3,000 Employees, is Located in Muncie, IN
  • Generally, University Towns Generate Higher Front-End Sales at Drugstores Than Average For Similar Sized Municipalities
  • IU Health Ball Memorial Hospital (350 Beds & 2,930 Employees), Located in Muncie and Affiliated With Indiana University Medical, is the Largest Medical Complex in a 40-Mile Radius
  • Major Employers in Area Include: Maxon Corporation (250 Employees) is Less Than 1-Mile From the Property; Progress Rail Services (500 Employees), DIY Group, Inc. (295 Employees); Ivy Tech Community College (4,000 Students & 482 Employees); and Magna Powertrain (585 Employees) Are All Approximately 3-Miles From the Property


  • Located Approximately 60-Miles North of Indianapolis, Muncie Serves as a Regional Business, Educational, Medical, Financial and Retail Hub, With a Trade Area Encompassing 9 Counties and Approximately 429,000 People
  • Property is Situated on a Hard Corner at the Busy Signalized Intersection of Madison St and E Memorial Drive (Combined Traffic Counts of Over 28,600 VPD)
  • Strategically Positioned Directly Across the Street From Walgreens and Adjacent to Advance Auto Parts
  • Nearby Tenants Include: Family Dollar, AutoZone, Taco Bell, Arby’s, KFC and Wendy’s
In Cooperation With
Latitude Commercial Realty, Inc. IN Lic. # Rc50900583
2342 Cline Avenue, Schererville, IN 46375

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single tenant nnn property

KinderCare | Muncie, IN

We Are Pleased to Offer For Sale the Single Tenant NNN Property Located at 4001 West Clara Lane in Muncie, Indiana.

  • Highly Desirable Triple Net (NNN) Lease Structure With Zero Landlord Responsibilities
  • Reliable Corporate Tenant With a Long Operating History Showing Commitment to the Site
  • 2019 Gallup Great Workplace Award Winner KinderCare Education Remains the First and Only Company in the Early Childhood Education Industry to Be Recognized By Gallup For This Award and One of Only 40 Companies Worldwide to Receive This Distinction; This is KinderCare’s Third Year Being Recognized With This Distinction, Making Them One of Only 17 Other Companies to Ever Win Three Consecutive Years in a Row
  • Oregon-Based KinderCare Education is the Nation’s Leading Private Provider of Early Childhood Education and Care; KinderCare Education Comprises of Approximately 1,500 Early Learning Centers, More Than 480 Champions Before and After School Sites, Serving More Than 186,000 Families and Employing More Than 36,000 Teachers and Staff
  • Strong Demographics – Over 56,031 Residents With an Average Household Income of $52,515 Within a 3-Mile Radius; Over 109,194 Residents Within a 10-Mile Radius
  • Nearby Elementary Feeder Schools Include: North View, West View and St Mary Elementary Schools
  • Just 2-Miles North of Ball State University Which Serves More Than 23,000 Students and Faculty
  • Situated Along a Dense Retail Corridor; W Bethel Ave and W McGalliard Road Share a Combined Traffic Count of 53,773 Vehicles Per Day
  • Muncie is Just 1 Hour Northeast of Downtown Indianapolis
  • Nearby Tenants Include: Walmart Supercenter, Lowe’s, Panda Express, Marathon Gas, Taco Bell, Walgreens, Steak ‘n Shake, Best Buy, McDonald’s, IHOP, Starbucks, Big Lots, PetSmart, Hobby Lobby, Five Guys and More
Jennifer D. Stein – JDS Real Estate Services, Inc.
IN Lic. # RC51500226 & CA Lic. #01507135
213.446.5366 |

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