• Year Built: 2001
455 E. Epler Ave. is aretail property for lease in Indianapolis, IN.
SVN/Stewart Commercial Group, LLC and SVN/The Martin Group are pleased to exclusively market for sale a net leased Walgreens property located in the high quality Indianapolis area retail market. The property provides for limited landlord responsibilities. The location feature long term stability and will be sold free and clear of debt.
This property provides an excellent opportunity to acquire a high quality net leased asset located in a solid Midwestern market. The property provides an in place Net Operating Income of $285,000 The firm term runs through 12/31/2020 with eight 5-year options thereafter)
Walgreens is one of the largest drugstore chains in the U.S. with more than 8,000 stores in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
• S&P Rated BBB Walgreens (NYSE Ticker: WBA)
• $285,000 in NOI, 8.51% Cap Rate
• Very Favorable Cap Rate
• No Rite AId Competition
• Free and Clear of Debt
• High volume location
• Strong retail corridor location, signalized Intersection
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- Ryan Kelly, agent and Rofo Pro