Walgreens - Indianapolis, IN

JLL is pleased to exclusively offer for sale the Walgreens (the “Tenant”) at 9240 Rockville Road in Indianapolis, IN (the “Property” or the “Asset”). With over 225,000 visitors per year, this location also has reported store level sales of $1,736,000 (excluding RX). The Property is favorably situated along Rockville Road and North Raceway Road, which benefits from its direct exposure to more than 60,000 VPD. The Asset is an outparcel to Raceway Market Centre, which has over 1.4 million annual visitors, per Placer.ai. The Property is also surrounded by seven high performing shopping centers, including Avon Commons, Raceway Plaza and Raceway Commons – which are in the 75th, 78th and 86th percentile of neighborhood shopping centers in the nation, per Placer Ai. The Asset’s surrounding 1-mile radius is comprised of 8,200+ residents with an average annual household incomes exceeding $102,500 and population growth of over 9.7% since 2010.

The Tenant has 9+ years remaining on their NNN lease with minimal landlord responsibilities. This offering presents a passive income opportunity for investors seeking growing, long-term cash flow backed by industry-leading tenancy in a premier market with exceptional real estate fundamentals.