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.

INVESTMENT-GRADE, NET LEASE OPPORTUNITY

  • 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

MINIMAL LANDLORD RESPONSIBILITIES

  • 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

LONG-TERM OPERATING HISTORY

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

ATTRACTIVE RENTAL STRUCTURE

  • 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

EXCELLENT DAYTIME EMPLOYMENT COUNTS

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

COLLEGE TOWN WITH PROXIMITY TO MAJOR EMPLOYERS

  • 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

RETAIL DESTINATION FOR EAST CENTRAL INDIANA

  • 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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early education nnn property

KinderCare | Lafayette, IN


We Are Pleased to Offer For Sale the Early Education NNN Property Located at 2233 Brothers Drive in Lafayette, 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 78,025 Residents With an Average Household Income of $60,069 Within a 3-Mile Radius; Over 187,900 Residents Within a 10-Mile Radius
  • Nearby Elementary Feeder Schools Include: Oakland, Edgelea, Amelia Earhart and Miami Elementary Schools
  • Situated Near the Corner of Brothers Drive and Teal Road – a Major Traffic Artery in Lafayette With Over 21,866 VPD
  • Just 5-Miles East of Purdue University Which Serves Over 31,000 Students
  • Lafayette is Just 1 Hour Northwest of Downtown Indianapolis and is Home to Arconic Who Opened the World’s Largest Aluminum-Lithium Facility
  • Nearby Tenants Include: Burger King, Dollar General, Long John Silver’s, Wendy’s, Big Lots, Taco Bell, Advance Auto Parts, Sherwin-Williams, AT&T and More
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 | jstein@jdsreservices.com

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NVA – College Mall Veterinary Hospital | Bloomington, IN


We Are Pleased to Offer For Sale the NVA – College Mall Veterinary Hospital Net Lease Investment Located at 4517 E Morningside Drive in Bloomington, Indiana.

  • Single Tenant Double Net (NN+) Property With Two (5) Year Options and Annual Rental Increases
  • NVA – College Mall Veterinary Hospital Has Been in Business Since 1974 and Has Built a Strong Community Based Clientele
  • Tenant is Listed as National Veterinary Associates, Inc. – a Delaware Corporation
  • National Veterinary Associates Was Founded in 1996 and Consists of Over 600 Locations Throughout the United States, Canada, Australia and New Zealand
  • Situated Less Than 2-Miles From College Mall – the Largest Shopping Center in Bloomington Which Features More than 90 Specialty Stores and Eateries
  • Located Less Than 2-Miles From the Indiana University Bloomington – Which is the Flagship Institution of the Indiana University System With Over 50,000 Students
  • Strong Demographics – Over 96,700 People Live Within a 5-Mile Radius and the Property is Located Directly Off of State Road 46 Which Sees Over 27,900 VPD
  • Bloomington is Ranked in the “Top 20 of Best Cities in America For Doing Business” By Inc. Magazine
  • Neighboring Tenant’s Include: Best Buy, Bed Bath & Beyond, Target, Macy’s, Dick’s Sporting Goods, Direct TV, Goodwill, Staples, FedEx, USPS, CVS Pharmacy, Chase Bank, Circle K, Chick-fil-A, Panera Bread, Bruster’s, McDonald’s, Starbucks and Much More
Jennifer D. Stein – JDS Real Estate Services, Inc.
IN Lic. # RC51500226 & CA Lic. #01507135
213.446.5366 | jstein@jdsreservices.com

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Hardee’s | Elkhart, IN


We Are Pleased to Offer For Sale the Hardee’s Triple Net Lease Investment Opportunity Located at 2620 Cassopolis Street in Elkhart, Indiana.

  • Desirable Long-Term 20 Year Triple Net Lease With Zero Landlord Responsibilities
  • Brand New Construction With Store Opening on November 11, 2019
  • Major Retail Trade Area With Walmart, Lowe’s, Menards and AMC Theaters
  • Strong Demographics – Population of 86,682 Residents With an Average Household Income of Over $60,883 in a 5-Mile Radius
  • Situated Along Cassopolis Street – a Heavy Retail Corridor Just North of Downtown Elkhart
  • Just 15-Miles East of South Bend, IN and 110-Miles East of Chicago, IL
  • Just Minutes From the World’s Only Superhero and Comic Museum; the Collection is Comprised of Over 60,000 Comics, Over 10,000 Toys and Games, Over 100 Pieces of Animation and Comic Art, and Covers 80 Years of Superhero History
  • Elkhart is Best Known For Two Industries: Recreational Vehicles (“RV Capital of the World”) and Musical Instruments (“Band Instrument Capital of the World”);  Elkhart is Also Home to the Robert Young Rail Yards, Which Are the Second-Largest Freight Classification Yards in the World
  • Nearby Tenants Include: Walmart Supercenter, Subway, Taco Bell, AT&T, Ross, Panda Express, Dunkin’, GameStop, Dollar Tree, Marathon Gas, Arby’s, Belle Tire, Burger King, PetSmart and Lowe’s
In Cooperation With
Latitude Commercial Realty, Inc. IN Lic. # Rc50900583
2342 Cline Avenue, Schererville, IN 46375

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AutoZone | Nappanee, IN


Sands Investment Group is pleased to present this fee simple investment located in Nappanee, Indiana.

  • Rare Price Point Fee Simple AutoZone Investment Opportunity
  • Corporate Guaranteed Lease – AutoZone, Inc. (S&P: BBB)
  • Approximately 8 Years Remaining on the Initial Term with 4 x 5 Year Options to Extend
  • E-Commerce and Recession-Proof Tenant
  • Ideal Demographics for AutoZone’s “Do it Yourself” Business Model
  • Strategic Location at the Intersection of US Highway 6 and County Road 7 with Thoroughfare of 11,524 Vehicles Per Day.
  • Outparcel to Grocery Anchored Shopping Center with Neighboring Strong National Tenants Such As: McDonald’s, CVS, Tractor Supply, Arby’s, Pizza Hut, Burger King, Verizon Wireless, Dollar General and Taco Bell

In Cooperation with JDS Real Estate Services, Inc. BoR: Monte Alexander – Lic. #RC51500226

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Kohl’s | Noblesville, IN


Sands Investment Group is pleased to present this corporate guaranteed NNN lease investment opportunity located in Noblesville, Indiana.

  • Corporate Guaranteed NNN Investment with ~12 Years Remaining on the Lease
  • Has Occupied this Location Since 2002 Showing a Strong Commitment To This Site
  • Kohl’s Just Extended Their Lease for an Additional 7+ Years, With No Rent Reduction in the Current Term – This Store is Not Targeted for Downsizing in the Near Future
  • Lease Extension Options Include a Five (5) Year Renewal Option in 2036 with Two (2) Additional Five (5) Year Options Thereafter
  • Maximum Traffic in Front of Kohl’s As the End Cap to Town and Country Plaza Shopping Center – the National Credit Tenants Include Walmart Supercenter, Rent-A-Center, Staples, GameStop, GNC, Sally Beauty, Jersey Mike’s and Dollar Tree. No Vacancies in the Shopping Center at the Time of this Release
  • Strong Visibility From Highway 37 Boasting an Impressive 39,000+ VPD
  • Located in Hamilton County, the 2nd Fastest Growing County in Indiana (2017)
  • Noblesville Sits at the Convergence of Several State Routes, Including 32, 37, 38, 238 and 19 – More Than Any Other City in the State Except Indianapolis
  • Across the Street from Stony Creek MarketPlace – Select Tenants Include: Meijer, Per 1, Barnes & Noble, TJ Maxx, Home Goods and PetSmart
  • Within Walking Distance of 550+ Multi-Family Units and 200,000+ Square Feet of Office Space
  • The Town and Country Plaza Shopping Center Features Two Electric Car Charging Stations – Both are Dedicated to Kohl’s
  • Select Neighboring Tenants Include: Taco Bell, Chick-fil-A, Charley’s, Lowe’s, Chili’s, LA Fitness, Goodwill, Wendy’s, Hobby Lobby, Walgreens and Tractor Supply

In Cooperation with: JDS Real Estate Services, Inc. BoR: Monte Alexander – Lic # RC51500226

View Similar Investment Opportunities

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Portillo’s | Indianapolis, IN


Sands Investment Group is pleased to present this Fee Simple Absolute NNN Ground Lease located in Indianapolis, Indiana.

  • 20-Year, Fee Simple, Absolute Triple Net (NNN) Ground Lease with Zero Landlord Responsibilities
  • Four (4), Five (5) Year Renewal Options
  • Servicing the Southside of Indianapolis, Portillo’s is Part of the Regional Commercial Zone that has a Population of Over 194,000 in a 5-Mile Radius
  • Outstanding Traffic Counts with Over 53,400 VPD Along U.S Hwy 31
  • Located 9 Miles South of Mile Square, Lucas Oil Stadium, Victory Field, Carroll Stadium, Indiana University-Purdue, and the Convention Center. Only 25 Minutes from the Indie Motor Speedway and the International Airport
  • Situated Near Several Shopping Centers, Dealerships, and Apartment Complexes Providing Ample Foot Traffic
  • Nearby Tenants Include Buffalo Wild Wings, Michael’s, Hobby Lobby, T-Mobile, FedEx, Napa Express Auto Care, Jimmy John’s, Jiffy Lube, Beck Toyota, Long John Silver’s, AutoZone and Steak ‘n Shake

In Cooperation with Eclipse Real Estate Inc, BoR: Bryan Chandler – IN Lic # RB14027408

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Freddy’s | Evansville, IN


Sands Investment Group is pleased to present this Absolute NNN property for sale in Evansville, Indiana. This Freddy’s Frozen Custard & Steakburgers is an Absolute NNN Lease Sale-Leaseback investment opportunity with zero landlord responsibilities.

  • 15 Year Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Four (4), Five (5) Year Renewal Options
  • 10% Rent Increases Every 5 Years
  • Over 26,000 VPD on Green River Rd
  • Situated 2.5 Hours South of Indianapolis, IN and St. Louis, MO; and 2 Hours West of Louisville, KY
  • Population of Over 131,000 Within a 5-Mile Radius
  • Evansville is the State’s Third Most Populous City After Indianapolis and Fort Wayne
  • Home to the State’s First Casino (Tropicana Evansville) and Angel Mounds State Historic Site (Home to Prehistoric Native Americans)
  • Evansville is Home to the University of Evansville with 2,500 Students and the University of Southern Indiana with 11,000 Students
  • Nearby Tenants Include: Menards Home Improvement, Subway, United Rentals, Meijer Gas & Grocery, AT&T and Lucas Oil Center

In Cooperation with JDS Real Estate Investment Services, Inc. BoR:  Monte Alexander – Lic # RC51500226

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Walmart Supercenter | Tell City, IN

 

  • Ideal 1031 Investment with an Absolute Triple Net (NNN) Lease Structure, Investment Grade Corporate Guarantee and No Landlord Responsibility
  • Walmart is the No. 1 Fortune 100 Company and the World’s Largest Retailer
  • Walmart Expanded this Site from 70,000 SF to 195,715 SF at its Own Expense Demonstrating Their Long-Term Commitment Due to the Locations High Store Performance
  • Priced-to-Sell Well Below Replacement Cost at Approximately $30 Per SF and is the Lowest Priced Walmart Supercenter on the Market and Compared to Any Supercenter Sold in the Last Several Years
  • Strategically Located on Historic State Route 66 with Limited Competition. The Nearest Walmart Supercenter is in Owensboro – Approximately 40 Minutes Away
  • Located on State Route 66 which is One of Perry County’s Most Highly Trafficked Roads with 18,960 Vehicles Per Day
  • Tell City is Home to Several of the Area’s Largest Employers Including ATTC Manufacturing, Mulzer Crushed Stone and Waupaca Foundry
  • Tell City Has Committed to the Growth of Their Economy Enacting the City of Tell City Comprehensive Plan in October of 2012, which will Direct the Future Physical Development of the Community and Addressing the Use of Land to Accommodate Future Activities, Infrastructure Development, the Needs of Residents, and Other City Developments

In Cooperation with JDS Real Estate Investment Services, Inc. BoR:  Monte Alexander – Lic # RC51500226

 

Fresenius Kidney Care | Hammond, IN

 

  • Double Net Lease with Minimal Landlord Responsibilities
  • Building was Renovated in 2008
  • New Lease Extension with 2 x 5 Renewal Options on Lease
  • 10 Year Lease with 1% Annual Increases
  • Located Just South of Chicago and 33 Miles from the Chicago Midway Airport
  • Strong Credit Tenant – Fresenius Medical Care (BB+)
  • Neighboring Businesses Include: Kroger, Big Lots, Walmart Supercenter, ALDI and Peebles
  • Fresenius Medical Care Holding Reported a 2015 Net Worth of $10.144 Billion
  • Fresenius Medical Care is the World’s Largest Integrated Provider of Products and Services for Individuals Undergoing Dialysis Because of Chronic Kidney Failure, a Condition that Affects More than 2.5 Million Individuals Worldwide

In Cooperation with JDS Real Estate Investment Services, Inc

BoR: Monte Alexander – Lic # #RC51500226

Golden Corral

 

  • Guaranteed Six Years Remaining on Recently Renewed Absolute NNN Lease
  • Four 5-Year Op2ons to Renew Remain
  • Located in Dense Retail Trade Area
  • Traffic Counts of Over 92,000 VPD
  • Corporate Guaranty by Golden Corral

McDonald’s

 

  • Absolute 20 year NNN Ground Lease with zero landlord responsibilities commencing January 10, 2015
  • McDonald’s breaking ground and beginning development of building the first week of December with building proposed to be completed by first week of January
  • Long term 20 year initial lease with 8 – 5 year options following
  • Lease calls for a 10% rental increase at year 11, and 10% rental increases at the start of each option period
  • McDonald’s corporate lease with an investment grade Standard and Poor’s credit rating of ‘A’
  • Below market rent for a new corporate McDonald’s ground lease – rent commencing at $72,000 annually